02:25 PM EST, 11/20/2025 (MT Newswires) -- Morgan Stanley ( MS ) and a group of banks postponed a deadline for investors to evaluate $589 million of ServerFarm data center bonds amid concerns about links to Alibaba Group Holding ( BABA ) , Bloomberg News reported Thursday, citing people familiar with the matter.
A new risk disclosure was added to the bond documents, noting that an Alibaba ( BABA ) affiliate accounts for more than one-fifth of the deal's annual revenue from customer contracts, the report said.
Concerns emerged after a Financial Times report on a confidential White House memo suggested potential connections between Alibaba ( BABA ) and the Chinese military without providing details, the report said.
An Alibaba ( BABA ) spokesperson said that the Financial Times article was false, Morgan Stanley ( MS ) declined to comment, and ServerFarm didn't respond to requests for comment, Bloomberg reported.
Morgan Stanley ( MS ), Alibaba ( BABA ), and ServerFarm, based in El Segundo, California, didn't immediately reply to requests for comment from MT Newswires.
Morgan Stanley ( MS ) shares fell 1.7% in recent Thursday trading, and Alibaba ( BABA ) dropped 2.7%.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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