Alibaba’s building in Shanghai. Photo: EPA-EFE
Alibaba guides market on US$5 billion debt sale ahead of pricing on Thursday
- E-commerce giant guides to a price of around 130 basis points over US Treasuries for its 10- year notes
- The bond sale comes after Alibaba reported a 37 per cent surge in revenue for the quarter ended December
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Alibaba
Alibaba’s building in Shanghai. Photo: EPA-EFE