JD.com completed a CNY10 billion senior notes offering consisting of two tranches with different maturities and interest rates, with the net proceeds intended for general corporate purposes including debt repayment.
Key takeaways
JD.com completed a CNY10 billion senior notes offering consisting of CNY7.5 billion 2.05% notes due 2031 and CNY2.5 billion 2.75% notes due 2036.
The notes were offered in offshore transactions to non-U.S. persons under Regulation S and are not registered under U.S. securities laws.
The company intends to use the net proceeds for general corporate purposes, including repayment of certain existing indebtedness and payment of interest.
Listing and permission to deal in the notes on the Hong Kong Stock Exchange is expected to become effective on April 13, 2026.
The notes are senior unsecured obligations and will be listed under debt stock codes 85116 and 85117 on the Hong Kong Stock Exchange.