Alibaba plans up to $5 billion U.S.-dollar bond issuance: term sheet
The logo of Alibaba Group is seen at its office in Beijing, China January 5, 2021. REUTERS/Thomas Peter
SHANGHAI (Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Wednesday it is planning a U.S. dollar-denominated bond sale.
The company aims to raise up to $5 billion in the offering, a term sheet of the deal seen by Reuters showed.
Reporting by Josh Horwitz; Editing by Edwina Gibbs
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