Alibaba plans $5b bonds for debt

Alibaba Group intends to raise US$5 billion through a mix of dollar and offshore Chinese yuan bonds.

The company disclosed this potential transaction in a regulatory filing on Monday.

The proposed dollar bonds will be available in 5.5-year, 10.5-year, and 30-year installments, according to documents reviewed by Reuters.

Alibaba is also planning yuan bonds with 3.5, 5, 10, and 20-year maturities.

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