Alibaba allocates $8bn jumbo among 22

By Rashmi Kumar
02 Jul 2013

The banks working on Alibaba Group’s jumbo $8bn loan have finalised allocations, after 13 lenders joined during senior syndication, committing $3.78bn.

Among the original mandated lead arrangers and bookrunners, Australia and New Zealand Bank was allocated $500m, while the remaining — Credit Suisse, Citi, Deutsche Bank, DBS, HSBC, JP Morgan, Morgan Stanley and Mizuho Corporate Bank — took $550m each.

These nine banks signed the deal and

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