Alibaba Group Holding Ltd. said Thursday it is planning to issue unsecured notes to refinance some of its debt.
The Chinese e-commerce company said in a statement that the terms of the notes, including their principal amount, interest rates and maturity dates haven't yet been determined.
"This is a simple refinancing of debt and normal course of business," an Alibaba spokesman said.
The Chinese e-commerce company said in a statement that the terms of the notes, including their principal amount, interest rates and maturity dates haven't yet been determined.
"This is a simple refinancing of debt and normal course of business," an Alibaba spokesman said.