Alibaba has raised $5 billion in a dual-currency bond, China's biggest e-commerce company said on Wednesday, marking the largest deal of its kind in the Asia-Pacific this year. The company priced an offering of aggregate principal amount of $2.

Chinese tech conglomerate Alibaba Group Holding Ltd. is considering an offering of bonds totaling the equivalent of about $5 billion as soon as this month, people familiar with the matter said.

Tuesday after market reported the pricing of an offering of $2.65 billion aggregate principal amount of U.S. dollar-denominated senior unsecured notes.

Alibaba, China's biggest e-commerce company, said on Wednesday it has priced both its US-dollar-denominated and yuan-denominated bonds as part of the $5 billion it had aimed to raise in the dual currency bond deal.