HONG KONG/SHANGHAI:Chinese e-commerce giant Alibaba Group Holding Ltd plans to raise up to $5 billion through the sale of a U.S. dollar-denominated bond, according to a marketing term sheet seen by Reuters on Wednesday.
The book for the offering will open on Thursday and the deal is expected to be priced on the same day, said a person with direct knowledge of the matter, who declined to be named as he was not authorised to speak to the media.
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