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Alibaba eyes up to $8 billion jumbo loan

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HONG KONG, March 4 (Basis Point) – Chinese e-commerce giant Alibaba Group is back in the loan market with an eye on a jumbo financing of up to $8 billion to refinance existing debts, barely a year after borrowing $4 billion in loans, according to sources.

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Post Published: 04 March 2013
Found in section: Finance