Alibaba Group Holding has obtained an $8 billion financing through mandated lead arrangers ANZ, Citi, Credit Suisse, DBS, Deutsche Bank, HSBC, J.P. Morgan, Mizuho and Morgan Stanley.
The facility is split into a $2.5 billion three-year and a $4 billion five-year term loans, and a $1.5 billion three-year revolver.
Proceeds are to refinance existing indebtedness.
China Universal Leasing has signed a $76 million three-year term loan through mandated lead arranger China CITIC Bank.
Syndication saw Bank SinoPac, Cathay United Bank, Mega International Commercial Bank and Shanghai Pudong Development Bank join in as...