Basis Point-Alibaba shortlists 5 banks for $8 bln jumbo loan
March 27, 2013 at 02:36 AM EDT
HONG KONG, March 27 (Basis Point) - Chinese e-commerce giant Alibaba Group has shortlisted five banks to form an initial arranger group for its $8 billion jumbo loan according to sources, expected to be one of the largest financings in Asia this year.
