China's Tencent raises $6 billion in bond sale; proceeds for general purposes
Share:
HONG KONG (Reuters) - Chinese social media and gaming giant Tencent Holdings Ltd said on Thursday it has raised $6 billion (£4.5 billion) in a bond sale, with proceeds earmarked for refinancing and general corporate purposes.The sale was Asia's largest this year, Refinitiv data showed, exceeding property developer China Evergrande Group's $2.8 billion issue in January.Tencent sold $2 billion in fixed and floating rate five-year notes, $500 million in seven-year notes, $3 billion in 10-year..