Alibaba will sell debut bond on Thursday

By Danielle Robinson and John Balassi NEW YORK (IFR) - Chinese e-commerce giant Alibaba will sell its first-ever bond on Thursday, a jumbo trade expected to be around $8 billion in size that comes just two months after the company's record IPO. It is looking to sell up to seven tranches, including five fixed-rate bonds ranging from three to 20-year maturities and two floating-rate notes with three and five-year maturities, which bankers and investors expect to be the most sought after of the year. ...

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