S&P: Alibaba (09988.HK) awarded an "A+" issuance rating for its planned issuance of USD convertible bonds.

On September 11th, S&P awarded Alibaba Group Holding Limited (referred to as "Alibaba" 09988.HKBABA.US) a "A+" issuance rating for its proposed issuance of US dollar-denominated, senior unsecured convertible bonds.