Market Chatter: JD.com Plans $1 Billion Debt Offering

MT Newswires Live11-26

JD.com (HKG:9618) is planning a debt offering to raise at least $1 billion, joining other Chinese e-commerce companies that have recently raised funds via bond sales, Bloomberg reported Tuesday.

The company is reportedly gauging investor interest on equity-linked bonds that would convert into shares of the company's majority-owned JD Health International (HKG:6618) unit.

A JD.com media representative told Bloomberg the matter was "entirely untrue," without elaborating, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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