Investors Flock to $ 5 Billion Bond Deal with Alibaba, Avoid Regulatory Problems
Investors Flock to $ 5 Billion Bond Deal with Alibaba, Avoid Regulatory Problems
Alibaba Group Holding Ltd’s $ 5 billion bond offering received a demand for eight times the debt offered, underscoring global investor confidence in founder Jack Ma’s e-commerce giant despite a regulatory crackdown on its empire. The deal was priced tighter on Friday than initially reported by the company on Thursday, indicating strong demand to buy […]
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