By Scott Murdoch

SYDNEY (Reuters) – Chinese ecommerce giant Alibaba Group is aiming to lift $5 billion in multi-tranche dollar and offshore Chinese yuan bonds, in line with two sources with direct knowledge of the matter.

The corporate in a regulatory filing on Monday said it was considering carrying out the transaction.

The dollar tranche would consist of a 5.5-year, 10.5-year and 30-year dollar bond, a term sheet seen by Reuters showed.

Alibaba can also be working on a 3.5-year, 5-year, 10-year and 20-year offshore yuan tranche, in line with the term sheet.

Prospective investors have been told by banks working on the deal the corporate is aiming to lift $5 billion, in line with the sources.

The sources declined to be identified by name because the data is confidential.

Alibaba said within the regulatory filing the dimensions, rate of interest and maturity could be determined because the transaction progressed.

The corporate said it could use the money raised for general corporate purposes including debt repayment and funding share repurchases.

(Reporting by Scott Murdoch; Editing by Kim Coghill and Cynthia Osterman)