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00700 TENCENT
RTNominal down527.500 -28.000 (-5.041%)
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28/05/2020 09:00

Tencent (00700) to issue US$6 billion notes


[ET Net News Agency, 28 May 2020] Tencent Holdings Limited (00700) said the company has
entered into a subscription agreement with the managers with respect to the issue of the
January 2026 Notes, the 2030 Notes, the 2050 Notes and the 2060 Notes (the notes) under
the global medium term note programme in an aggregate principal amount of US$6 billion.
The estimated net proceeds from the issue of the notes, after deducting underwriting
fees, discounts and commissions, will amount to approximately US$5.97 billion. The company
intends to use the net proceeds for refinancing and general corporate purposes.
The notes are expected to be issued on 3 June 2020. (RC)

Remark: Real time quote last updated: 07/08/2020 17:58
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