--Alibaba Group Holding Ltd. plans to raise at least $5 billion from a U.S. dollar-denominated bond sale in January, Reuters reported, citing unnamed sources.
--The proceeds, which may reach $8 billion depending on the response from investors, are likely to be used for general corporate expenditure, according to Reuters.
Full story: https://reut.rs/2XeekZN
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01-05-21 2256ET