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Fitch Ratings Says Alibaba’s New Structure To Boost Accountability, Transparency

Reuters
2023.04.04 08:28
April 4 (Reuters) - Alibaba Group Holding Ltd (9988.HK) : * FITCH- ALIBABA MAY ALSO BE ABLE TO UNLOCK VALUE VIA SPIN-OFFS OR IPOS (CORRECTS SOURCE) * FITCH RATINGS: ALIBABA’S NEW STRUCTURE TO BOOST ACCOUNTABILITY, TRANSPARENCY * FITCH-DO NOT EXPECT NEW STRUCTURE TO BRING ABOUT AN IMMEDIATE CHANGE IN ALIBABA'S CREDIT PROFILE * FITCH- DO NOT THINK STRUCTURAL SUBORDINATION OF ALIBABA'S CURRENT DEBT WOULD BECOME A MATERIAL CREDIT ISSUE
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