Chinese e-commerce firm JD.com Inc. is in talks with banks to raise a euro-denominated loan to help fund its proposed acquisition of German electronics retailer Ceconomy, according to people familiar with the matter.
HSBC Holdings Plc and Standard Chartered Plc have been appointed as the mandated lead arrangers, bookrunners and underwriters for the deal, the people said, who asked not to be identified discussing private matters. The facility in discussion could carry a 364-day tenor, but the loan amount is still to be finalized, they added.
JD.com offered to acquire Ceconomy AG in a deal that would value Europe’s ...
