China's Ant Financial set to ink $3.5 loan to help fund MoneyGram bid - Basis Point

HONG KONG, May 4 (Reuters) - Ant Financial Services Group, an affiliate of online shopping giant Alibaba Group, is close to signing a $3.5-billion syndicated loan to help finance its purchase of U.S. money transfer company MoneyGram International, Thomson Reuters Basis Point reported on Thursday.