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Tencent Aims to Raise About $1 Billion With First Dim Sum Bonds
Yahoo Finance· 2025-09-16 13:42
(Bloomberg) — Tencent Holdings Ltd. (TCEHY, TCTZF) is considering raising about 8 billion yuan ($1.1 billion) in its first bond sale in four years, according to people familiar with the matter. Based on investor feedback so far, the yields for the Chinese internet giant’s three-tranche offshore yuan bonds could tighten some 40-50 basis points, the people said. Most Read from Bloomberg If that were to happen, it would put the yields on Tencent’s five-year notes at about 2.1%-2.2%. That would be slightly ...