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Reuters

Reuters

Alibaba raises $5 billion in dual currency bond deal

Reuters
Summary
Nutrition label

80% Informative

Alibaba has raised $5 billion in a dual-currency bond, China 's biggest e-commerce company said on Wednesday .

The deal is the largest deal of its kind in the Asia-Pacific this year .

Alibaba intends to use the net proceeds from the offering of the notes for general corporate purposes, including repayment of offshore debt and share repurchases.

VR Score

92

Informative language

97

Neutral language

78

Article tone

formal

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English

Language complexity

41

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not offensive

Hate speech

not hateful

Attention-grabbing headline

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Known propaganda techniques

not detected

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short-lived

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