Alibaba will debt financing of $8 billion for the first time
- Author:Gemini
- Source:www.ramjoinwin.com
- Release Date:2014-11-15
According to the Wall Street journal reported on November 14, one person familiar with the matter, the Chinese electricity giant Alibaba Group plan to raise money again in the capital markets , this time,it's going to first issued amount up to $8 billion in corporate bonds, and two months ago the company has just completed a deal with one of the largest IPO in the history.
According to investors receive next week,Alibaba executives will meet the potential buyes of Boston and New York.The similar meeting and conference call also will be held in Asia and Europe.Some analysts said that, according to the schedule of alibaba for the dollar-denominated corporate bond issuance time May 19 or so.
Enterprises in the United States this year's issuance to unprecedented, aim is to seize the current low interest rates to lock in favorable financing costs.Those who seek to yield higher than Treasury securities investors have been popular with these corporate bonds.
Over the past two years, this kind of demand for the issuance of the enterprise for the first time created a pretty open market, a chance for investors to buy some of the most popular technology company bonds.Apple (Apple Inc.)In April 2013, is considered to be the bond transaction of the communist party of China to sell $17 billion of bonds for the first time, and then again in April this year issued $12 billion of bonds.
So not only technology company.Recently from ge (General Electric Co.)Stripping out of Synchrony Financial bond trading for the first time in August will also issuance up to $3.6 billion.Even the Bed Bath & Beyond Inc.Retailers such as for the first time to enter the market, the company issued $1.5 billion of bonds in July.
So far, alibaba's stock performance is far better, its shares last at around $116, on September 18, from its initial public offering (IPO) price $68, up by 69%.The standard & poor's 500 index during the same period rose just about 1%.Bond investors, said alibaba's dominance in the Chinese market and strong credit rating (part of the rating agencies are on alibaba as high as A +) will also ensure the bond for the buyer.
Management of just over $5 billion in assets Wasmer Schroeder & Co.The managing director of John Majoros said the company will focus on the deal.He also said that any large global trade can cause the interest of the outside world.
Alibaba said in a press release on Thursday, plans to use the proceeds for existing credit facilities to refinance.Alibaba's spokesman said this is normal business operations.According to submitted to the securities and exchange commission, according to a file as of Sept. 30, alibaba's long-term bank loans of about $8 billion.
Just last week, Walgreen Co.Completed a $8 billion bond issue in the us market, to buy the chain drugstores alliance boots deals in Europe.Earlier this week, chevron issued $4 billion of bonds, loans for short-term commercial paper to refinance.desktop ddr3 2gb
Alibaba's some trade companies in the United States bond recent poor performance, suggests that investors may has a strong interest in alibaba issuance activity.Ebay, for example, announced plans to spin off its bonds fell after its paypal unit, because a spin-off plan brought uncertainty to bond investors.Last month released amazon's biggest quarterly loss in 14 years.
TCH LLC, a senior portfolio manager kimball said that alibaba is a business can keep the steady growth of the company;TCH LLC manages some $10.5 billion in assets, is an affiliated company of BMO Global Asset Management.
Alibaba issued bonds will initially only for institutional investors, but it includes many retail share holding of mutual funds.Morgan Stanley, citigroup, deutsche bank and jp Morgan will arrange issuance.
Although alibaba IPO is huge, but some investors said bond buyers will not produce so big.After new debt listed price is unlikely to be as new shares soared.4gb ddr2 200 pin
Majoros said, they focus on the interest and take back the principal.He said, his excitement will be inhibition of this factor.
Original Chips Ddr3 2gb
According to investors receive next week,Alibaba executives will meet the potential buyes of Boston and New York.The similar meeting and conference call also will be held in Asia and Europe.Some analysts said that, according to the schedule of alibaba for the dollar-denominated corporate bond issuance time May 19 or so.
Enterprises in the United States this year's issuance to unprecedented, aim is to seize the current low interest rates to lock in favorable financing costs.Those who seek to yield higher than Treasury securities investors have been popular with these corporate bonds.
Over the past two years, this kind of demand for the issuance of the enterprise for the first time created a pretty open market, a chance for investors to buy some of the most popular technology company bonds.Apple (Apple Inc.)In April 2013, is considered to be the bond transaction of the communist party of China to sell $17 billion of bonds for the first time, and then again in April this year issued $12 billion of bonds.
So not only technology company.Recently from ge (General Electric Co.)Stripping out of Synchrony Financial bond trading for the first time in August will also issuance up to $3.6 billion.Even the Bed Bath & Beyond Inc.Retailers such as for the first time to enter the market, the company issued $1.5 billion of bonds in July.
So far, alibaba's stock performance is far better, its shares last at around $116, on September 18, from its initial public offering (IPO) price $68, up by 69%.The standard & poor's 500 index during the same period rose just about 1%.Bond investors, said alibaba's dominance in the Chinese market and strong credit rating (part of the rating agencies are on alibaba as high as A +) will also ensure the bond for the buyer.
Management of just over $5 billion in assets Wasmer Schroeder & Co.The managing director of John Majoros said the company will focus on the deal.He also said that any large global trade can cause the interest of the outside world.
Alibaba said in a press release on Thursday, plans to use the proceeds for existing credit facilities to refinance.Alibaba's spokesman said this is normal business operations.According to submitted to the securities and exchange commission, according to a file as of Sept. 30, alibaba's long-term bank loans of about $8 billion.
Just last week, Walgreen Co.Completed a $8 billion bond issue in the us market, to buy the chain drugstores alliance boots deals in Europe.Earlier this week, chevron issued $4 billion of bonds, loans for short-term commercial paper to refinance.desktop ddr3 2gb
Alibaba's some trade companies in the United States bond recent poor performance, suggests that investors may has a strong interest in alibaba issuance activity.Ebay, for example, announced plans to spin off its bonds fell after its paypal unit, because a spin-off plan brought uncertainty to bond investors.Last month released amazon's biggest quarterly loss in 14 years.
TCH LLC, a senior portfolio manager kimball said that alibaba is a business can keep the steady growth of the company;TCH LLC manages some $10.5 billion in assets, is an affiliated company of BMO Global Asset Management.
Alibaba issued bonds will initially only for institutional investors, but it includes many retail share holding of mutual funds.Morgan Stanley, citigroup, deutsche bank and jp Morgan will arrange issuance.
Although alibaba IPO is huge, but some investors said bond buyers will not produce so big.After new debt listed price is unlikely to be as new shares soared.4gb ddr2 200 pin
Majoros said, they focus on the interest and take back the principal.He said, his excitement will be inhibition of this factor.
Original Chips Ddr3 2gb