Alibaba Chairmen Said to Plan $2 Billion Loan Against Stock

Updated on
  • Money may be used to help fund family office Blue Pool Capital
  • Credit Suisse, Goldman Sachs, Morgan Stanley working on deal

Alibaba Chairmen Said to Plan $2B Loan Against Stock

Alibaba Group Holding Ltd. Chairman Jack Ma and Vice Chairman Joseph Tsai are planning to raise more than $2 billion through a margin loan pledged against the company’s stock, according to people familiar with the matter.

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