Anonymous ID: 796ca7 Jan. 5, 2021, 8:08 p.m. No.12337764   🗄️.is 🔗kun

>>12337732

but the beat goes on money-wise

 

Alibaba plans to raise at least $5 bln via dollar bond this month

 

Chinese e-commerce leader Alibaba Group Holding Ltd plans to raise at least $5 billion through the sale of a U.S. dollar-denominated bond this month, four people with direct knowledge of the matter said.

 

Depending on investor response, proceeds could reach $8 billion which Alibaba is likely to use for general corporate expenditure, one of the people said.

 

The plan, including the timeline, is not final and subject to change, the people said, declining to be identified as they were not authorised to speak to the media.

 

Alibaba declined to comment.

https://www.reuters.com/article/china-alibaba-fundraising/exclusive-alibaba-plans-to-raise-at-least-5-bln-via-dollar-bond-this-month-sources-idUSL4N2JH0AR