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.

Alibaba prices Asia's record $8b bond

Alibaba returned to the international capital markets with a vengeance on Friday morning, raising a mammoth $8 billion six-part bond, which received $55 billion in orders globally.

The internet company the biggest in Asia sold $1 billion three-, $2.25 billion five- and $1.5 billion seven-year bonds, as well as $2.25 billion 10- and $700 million 20-year fixed-rate notes.

Alibaba also raised a $300 million three-year floating...

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