Tencent Holdings Finalizes Pricing for US$1.8 Billion and RMB26 Billion Notes Under Global Medium Term Note Program

Stock News10-14 07:28

According to an announcement from Tencent Holdings (00700), on October 13, 2026 (New York time), the company entered into subscription agreements with the US dollar note managers for the issuance of US dollar notes with an aggregate principal amount of US$1.8 billion under the program, and separately with the RMB note managers for the issuance of RMB notes with an aggregate principal amount of RMB26 billion under the program.

After deducting underwriting fees, discounts, and commissions, the estimated net proceeds from the issuance of the US dollar notes and the RMB notes will be approximately US$1.79 billion and RMB25.89 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).

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