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Chinese e-commerce giant Alibaba Group has received its first debt ratings from international credit agencies.
中国电商巨头阿里巴巴集团获国际信贷机构首次债信评级。
 Standard & Poor's and Fitch Ratings rated the notes at investment grade "A-plus", while Moody's Investor1 Service assigned an equivalent "A1" rating.
The ratings have been issued as part of Alibaba's plan to issue unsecured notes to raise some 8 billion U.S. dollars.
The company does say it will use the new funding to refinance its current debt, which reportedly stands at around 11 billion dollars.
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