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Alibaba aims to raise $5B in USD and RMB denominated notes – report (NYSE:BABA)

Alibaba company logo on office building

Robert Way/iStock Editorial via Getty Images

Update: The story was updated with tentative bond value.

E-commerce giant Alibaba (NYSE:BABA) to offer U.S. dollar-denominated senior unsecured notes and RMB-denominated senior unsecured notes, subject to market and other conditions.

The dual currency bond deal aims to raise ~$5 billion in multi-tranche dollar

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