China's Tencent rolls out $5 billion global medium-term note program

By Marisa Wong

Madison, Wis., April 10 - Tencent Holdings Ltd. announced it established a $5 billion global medium-term note program on Thursday.

The notes may be issued in series with different terms and may be denominated in any currency.

Deutsche Bank AG, Singapore Branch is the arranger for the Rule 144A and Regulation S program.

Dealers include ANZ, Bank of China (Hong Kong), Barclays, BofA Merrill Lynch, Citigroup, Credit Suisse, Deutsche Bank, HSBC, JPMorgan and Standard Chartered Bank.

Proceeds will be used for general corporate purposes.

Listing of the program on the Stock Exchange of Hong Kong Ltd. is expected to become effective Friday.

Tencent is an investment holding company based in Shenzhen, China.

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