According to Bloomberg data, the deal surpassed China Everbright's $ 6.6bn bond issuance in June this year, becoming the highest-priced bond sold by non-silver issuers in China.
Urgent investors have snapped up after New York closed Wednesday, and Alibaba's 30-year, 4.2% annual bond rose to 101.2 cents Wednesday at 6:13 pm Wednesday, above the 99.8-cent issue price.
"The market is now fighting for high-quality issuers," said Hayden Briscoe, head of Asian fixed-income operations at UBS Asset Management.
The bonds issued by Alibaba are divided into five sections, which are 5.5, 10, 20, 30 and 40. The insider said that the amount involved in the subscription of up to 46 billion US dollars.
The longest-term 40-year bond, with a total value of 1 billion U.S. dollars and a interest rate of 4.4%, was 1.58 percentage points higher than the benchmark government bond interest rate for the same period, down from 1.8 percentage points previously negotiated with the underwriters. The longest bond.
Morgan Stanley, Citigroup, Credit Suisse, Goldman Sachs and JP Morgan as underwriters for the bond issue.