EX-99.1 2 a16-6077_1ex99d1.htm EX-99.1

Exhibit 99.1


Entry into a New Loan Facility


Alibaba Group Holding Limited today signed a five-year US$3 billion syndicated loan agreement with a group of eight lead arrangers.  The loan, which is subject to upsize through oversubscriptions in syndication, has a five-year bullet maturity and is priced at 110 basis points over LIBOR.  The use of proceeds of the loan is for general corporate purposes.