China’s Tencent is raising $6 billion through a bond sale

China’s Tencent is raising $6 billion through a bond sale

5 years ago
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https://techcrunch.com/2019/04/04/chinas-tencent-is-raising-6-billion-through-a-bond-sale/

Tencent, Asia’s largest tech firm, is raising $6 billion after the Hong Kong-listed firm announced a new note sale today.

Tencent last tapped the markets when it raised $5 billion in January 2018. This time around, it is offering a five-tranche bond that is almost in line with reports earlier this week, which speculated that the Chinese giant would look to raise $5 billion. The notes will be issued on April 11, Tencent said.