JD.com Completes CNY10 Billion Bond Issue with Yields of 2.05% and 2.75%
JD.com raised CNY10 billion through offshore senior unsecured notes, issuing CNY7.5 billion of 2.05% notes maturing in 2031 and CNY2.5 billion of 2.75% notes due 2036. Net proceeds will finance debt repayment and interest costs, with Hong Kong Stock Exchange trading expected from April 13, 2026.
1. Offering Details
JD.com completed an offshore offering of CNY10 billion senior unsecured notes, split into CNY7.5 billion of 2.05% notes maturing 2031 and CNY2.5 billion of 2.75% notes due 2036.
2. Use of Proceeds
Net proceeds from the offering will be allocated to general corporate purposes, including repayment of existing debt facilities and payment of interest obligations, reducing financing costs over time.
3. Listing Timeline
Listing and permission to trade the notes on the Hong Kong Stock Exchange is expected to become effective on April 13, 2026, enabling liquidity for non-U.S. investors.