Jack Ma-backed Ant Group Co. is refinancing an offshore credit line that will reach $6.5 billion, as it expands its global operations, according to people familiar with the matter.

China's Ant Group is refinancing its $6.5 billion credit line, a company spokesperson said on Thursday, as the fintech giant backed by Alibaba founder Jack Ma looks to bolster its overseas operations.

Jack Ma-backed Ant Group Co. is refinancing an offshore credit line that will reach $6.5 billion, as it expands its global operations, according to people familiar with the matter.

(Reuters) -China's Ant Group is refinancing its $6.5 billion credit line, a company spokesperson said on Thursday, as the fintech giant backed by Alibaba founder Jack Ma looks to bolster its ...