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Alibaba Plans 1st US Bond Sale To Refinance Bank Loans

By Linda Chiem ( November 13, 2014, 2:48 PM EST) -- Alibaba Group Holding Ltd. said Thursday it's planning its first U.S. bond sale by offering an undisclosed amount in senior unsecured notes on the heels of its blockbuster $25 billion U.S. initial public offering in September and plans to use the net proceeds from the offering to refinance its existing credit facilities....

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