ALIBABA'S BUYOUT - CASE STUDY JUSTIFICATIONS.docx -...

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FINANCIAL INSTITUTIONS AND MARKETS CASE STUDY: FINANCING ALIBABA’S BUYOUT – SYNDICATED LOAN IN ASIA GROUP MEMBERS: Nimrah Farooq Salwa Aftab Sana Farooq Sehrish Riaz
JUSTIFICATIONS PROVIDED BY ALIBABA FOR TERM LOAN AGREEMENT A syndicated term loan agreement was signed between the two parties on May 2013 in which Alibaba Inc. acted as a borrower and Goldman Sachs was a mandated lead arranger as well as a book runner. Other participative banks included; Credit Suisse, JP Morgan and Morgan Stanley. Following are some of the aspects with some reasons on which Alibaba has agreed to enter into a syndicated term loan agreement with investment banks in order to buyout Yahoo Inc. i) Loan Requirement and Reason:

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