The Brewing Storm at Alibaba (NYSE:BABA): A $5 Billion Convertible Bond Sale Looming
Amidst a digital tempest, Alibaba Group (NYSE:BABA) seems to be contemplating a hefty $5 billion convertible bond sale following JD.com’s (NASDAQ:JD) recent $1.75 billion offering, as revealed in an exclusive Bloomberg report. The tech giant from the East has reportedly engaged in discussions with investment …