Banks roll out red carpet for $500m debut financing
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Banks roll out red carpet for $500m debut financing

E-commerce 230-150x has rolled out its first international syndicated loan and the $500m deal has already attracted a lot of attention from banks. The Chinese e-commerce company is loss-making but lenders are enticed by the prospects of ancillary business and an expected improvement in its financial position after the recent spin-off of JD Finance, reports Shruti Chaturvedi.

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