By Marisa Wong
Madison, Wis., July 8 – Tencent Holdings Ltd. announced it priced $100 million of 4.7% notes due 2035 under its $10 billion global medium-term note program on Wednesday.
The Regulation S notes are expected to be issued on July 15.
The company established the MTN program in April 2014 with an original limit of $5 billion and increased the program to $10 billion earlier this year. Thus far, the company has issued about $4.9 billion of notes under the program.
Deutsche Bank AG, Singapore Branch is the arranger for the Rule 144A and Regulation S program.
Tencent is an investment holding company based in Shenzhen, China.
| Issuer: | Tencent Holdings Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | $100 million
|
| Maturity: | July 15, 2035
|
| Coupon: | 4.7%
|
| Arranger: | Deutsche Bank AG, Singapore Branch
|
| Pricing date: | July 8
|
| Settlement date: | July 15
|
| Distribution: | Regulation S
|
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