Tencent raises US$6bil in HK in Asia's biggest bond deal of 2020


HONG KONG (Reuters): Tencent Holdings Ltd has raised US$6 billion in debt in Hong Kong, the Chinese mainland technology company said on Thursday, in the largest debt deal by an Asian corporate in 2020.

The deal was finalized early on Thursday (May 28) in which Tencent raised US$1 billion in five-year debt, US$2.25 billion in 10-year, US$2 billion in 30-year and US$750 million in 40-year debt, a term sheet showed.

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