2012-02-17, today, some sources said that alibaba group’s 3 billion usd loan from 6 banks are almost done;
the 3 billion usd loan includes 2 billion usd as 12 months’ temporary loan, while the one billion loan is a 3 years’ fixed loan;
each bank will provide 500 million loan to alibaba group;
it is said that part of the money is used to privatise b2b part; while the other part will be used in the deal with yahoo;
of course, alibaba group is owning a lot of cash, which can be used either in hte b2b deal or the deal with yahoo.
although there’re many rumors saying that the negociation with yahoo is broken so far.
source is from tencent news:
http://tech.qq.com/a/20120217/000270.htm