Bloomberg News

ANZ Said to Join Banks Organizing Acquisition Loan for Alibaba

February 01, 2012

Feb. 1 (Bloomberg) -- Australia & New Zealand Banking Group Ltd. has joined lenders organizing a loan of about $3 billion for Alibaba Group Holding Ltd. as the Chinese e-commerce site considers a potential Yahoo! Inc. acquisition, according to a person familiar with the matter.

Credit Suisse Group AG, DBS Bank Ltd., Deutsche Bank AG and Mizuho Corporate Bank Ltd. were hired to arrange the facility, another three people familiar with the matter said in December.

To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net


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