China's Ant Group refinancing $6.5b credit line

China's Ant Group refinancing $6.5b credit line

FILE PHOTO: A sign of Antchain, the blockchain technology branch under Ant Group, is seen at Ant Group's booth during the World Artificial Intelligence Conference (WAIC) in Shanghai, China, July 8, 2021. REUTERS/Yilei Sun/File Photo

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.