BABA [Alibaba] 6-K: Entry into a New Loan Facility Alibaba Group
[Entry into a New Loan Facility Alibaba Group Holding Limited today signed a five-year US$3 billion syndicated loan agreement with a group of eight lead arrangers. The loan, which is subject to upsize through oversubscriptions in syndication, has a five-year bullet maturity and is priced at 110 basis points over LIBOR. The use of proceeds of the loan is for] [2 ALIBABA GROUP HOLDING LIMITED]