Fangda assists Alibaba in successfully issuing USD5 billion convertible senior notes

Alibaba Group Holding Limited (“Alibaba“, NYSE: BABA; HKEX: 9988 (HKD counter) / 89988 (RMB counter)) successfully issued USD5 billion in principal amount of convertible senior notes due in 2031 on May 29th, 2024. Fangda Partners acted as Alibaba’s PRC legal counsel, providing comprehensive legal services to the transaction.

The Fangda team was led by partners Jeffery Ding and Brian Liu, team members included counsels Travis Xu and Cassie Chang, and associates Jacky Yang, Willa Fang, Scarlett Chang, Shi Xuewei, Arial Yuan, Lewis Liu and Amanda Yu.