07:12 AM EDT, 08/28/2025 (MT Newswires) -- JD.com ( JD ) has appointed HSBC ( HSBC ) and Standard Chartered to raise a euro-denominated loan for its proposed acquisition of German electronics retailer Ceconomy, Bloomberg reported Thursday, citing people familiar with the matter.

The loan amount has not been finalized, but the facility could carry a 364-day tenor, according to the report.

Ceconomy said in July that JD.com ( JD ) made a takeover offer for 4.60 euros ($5.40) per share. The proposed deal would value Ceconomy at about 2.2 billion euros, reports said.

JD.com ( JD ), HSBC ( HSBC ), Standard Chartered didn't immediately reply to MT Newswires' request for comment.

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