China's Didi Chuxing Raising $1.5 Billion in Debt as It Nears Blockbuster IPO: Reports

Chinese ride-hailing giant Didi Chuxing is said to be raising $1.5 billion in debt financing ahead of a blockbuster U.S. IPO, Bloomberg reported Friday. The company plans to file confidentially later this month for a July listing led by Goldman Sachs and Morgan Stanley, according to Reuters. Didi was most...