Alibaba prices Asia's record $8b bond

Alibaba prices Asia's record $8b bond

Asia’s biggest internet company sells inaugural six-part jumbo offering, pricing well inside some of the world's largest tech firms and higher-rated Chinese SOEs.
The veteran China dealmaker, nicknamed the grandfather of China's capital markets, may leave investment banking.
The Australian telecoms and media company nets $320 million after selling an 8% stake in Autohome. More than 90 lines participated in the offering.
The Chinese president's crackdown on corruption and excess is not doing much for wealth creation in the country, if the latest Wealth-X and UBS report is anything to go by.
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Alibaba Group Holding’s $8bn debut issue is the largest debut corporate bond on record

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