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Alibaba sells US$7b bonds
Published Thu, Nov 30, 2017 · 09:50 PM
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Hong Kong
ALIBABA Group Holding sold US$7 billion bonds on Wednesday in a deal that investors clamoured for, ordering more than six times as many securities as were for sale.
The deal eclipsed China Evergrande Group's US$6.6 billion offering in June to become the biggest sale in Asia from a non-bank issuer, according to data compiled by Bloomberg.
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