China’s 58.com eyes $3bn for take-private, but loans bankers prove reluctant

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China’s 58.com eyes $3bn for take-private, but loans bankers prove reluctant

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Chinese online marketplace 58.com is seeking a $3bn loan for its take-private from the Nasdaq. The company is relying on Chinese banks to raise the money, but several told GlobalCapital Asia they were not interested. Pan Yue reports.

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