Alibaba Raises Over HK$12B With Bond Deal — But a $433.5M Payout Is Still on the Table

Court: S.D. New York

Case: 1:20-cv-09568

Alibaba BABA just completed a HK$12.02 billion (~$1.54B USD) zero-coupon bond offering, exchangeable for shares of Alibaba Health (HKG:0241). The bonds, issued to offshore investors, mature in July 2032 and carry a 48% premium over the HK$4.21 price used in a related placement.

This move gives Alibaba fresh liquidity while strategically positioning its healthcare arm. Still, the broader BABA stock fell nearly 4% following the news — and some investors may still be looking back at past losses tied to the Ant Group fallout.

BABA

While Alibaba locks in long-term capital, it recently agreed to pay $433.5 million to settle a lawsuit alleging it misled investors about Ant Group’s regulatory troubles — a saga that triggered one of the sharpest drops in company history.

• July 2020: Ant Group announces record $30B IPO.
• Nov 2, 2020: Executives summoned by Chinese regulators.
• Nov 3, 2020: IPO suspended; BABA drops 8.1%.
• Dec 2020: Antitrust probe launched; BABA falls 13%.
• Apr 22, 2022: Investors sue over regulatory risks not disclosed.

• Alibaba settled the case for $433.5 million.
• If you held BABA during the affected period, you may still qualify.
• Late claims are currently being accepted.
• Payouts typically take 8–12 months after court approval.

You can check more information about it and file for a payout HERE.

Are you watching Alibaba’s bond strategy for growth? Or reviewing your claim while BABA manages the past and finances the future?