Skip to content
Off-topic for aiqbench

Off-topic for aiqbench

This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.

Tencent Holdings Prices $1.8 Billion and RMB 26 Billion Notes Under Global Medium-Term Note Program

36Kr1 min read

36Kr reports that Tencent Holdings announced on the Hong Kong Stock Exchange that the company has entered into underwriting agreements with respective agents for US dollar notes and RMB notes to be issued under its global medium-term note program. The principal amounts of the US dollar notes and RMB notes to be issued are $1.8 billion and RMB 26 billion, respectively. After deducting underwriting fees, discounts, and commissions, the estimated net proceeds from the issuance of the US dollar notes and RMB notes will be approximately $1.79 billion and RMB 25.89 billion, respectively. The company intends to use the net proceeds for general corporate purposes. The notes are expected to be issued on October 21, 2026 (New York time).

Read the full article at 36Kr

Related coverage