--Alibaba Group is back in the loan market with an eye on a jumbo financing of up to $8 billion to refinance existing debts, barely a year after borrowing $4 billion--
Looks like there is no IPO financing in sight. Or like Jack Ma said --An IPO isn’t imminent--.
The reason they are doing this is because of an IPO in 2013 you moron. All about timing, they can secure financing to fulfill their obligation with YHOO early this year while an IPO wouldn't materialize until later this year. Need to clean up the books before going public. I think you should go short with a very aggressive position though just so we can all continue to laugh at how completely stupid you are... Get lost!