Alibaba draws $55bn of orders for landmark debut $8bn bond

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Alibaba draws $55bn of orders for landmark debut $8bn bond

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Alibaba amassed a whopping $55bn of orders from investors for its landmark $8bn deal which ranks as the biggest G3 bond from an Asian ex Japan issuer. But some investors opted to stay on the sidelines after pricing was tightened up to 27bp across the six tranches.

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