202109 Apr
China’s Didi Raises $1.5 Billion in Debt Ahead of IPO
Type
Funding Rounds
Companies
Funding
202109 Apr
$1.5BOthers
Source
Bloombergquint
Summary

Didi, backed by SoftBank Group Corp., has signed a revolving loan facility with JPMorgan Chase & Co., Morgan Stanley, Goldman Sachs Group Inc., HSBC Holdings Plc, Barclays Plc and Citigroup Inc., the people said. A debt deal would serve as a stepping stone as Didi continues to evaluate a potential listing that could value the firm at about $100 billion, the people said, asking not to be identified because the matter is private.

Classifications