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Tencent prices USD 2.5 bln dual-trench notes offering

Thursday 24 April 2014 | 00:43 CET | News
Chinese internet company Tencent has priced a USD 2.5 billion dual-tranche senior unsecured notes offering under  a USD 5 billion global medium term note programme. Tencent priced its USD 500 million unsecured senior notes at 2 pe cent and USD 2 billion unsecured senior notes at 3.375 percent. The notes will mature after three and five years, respectively. Tencent said that it aims to use the net proceeds from the notes offering for general corporate purposes.

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Categories: Internet
Companies: Tencent
Countries: China
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