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New deal announced by Alibaba, 5 part......>

ISSUANCE
ISSUANCE: New deal announced by Alibaba, 5 part USD denominated tranche
consisting of 5.5-, 10-, 20-, 30- & 40-Year issues of senior unsecured notes.
- Initial Price Thoughts:
* 5.5-Year MS+100bp area
* 10-Year MS+125-130bp area
* 20-Year MS+140bp area
* 30-Year MS+160bp area 
* 40-Year MS+180bp area 
- Alibabe rates A+ for foreign currency issues.

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