By Marisa Wong
Morgantown, W.Va., Sept. 16 – Tencent Holdings Ltd. said it priced HK$1 billion of notes under its $10 billion global medium-term note program on Wednesday.
The three-year senior notes carry a 2.3% coupon.
The Regulation S notes are expected to be issued on Sept. 24.
The company established the MTN program in April 2014 with an original limit of $5 billion and upsized the program to $10 billion on April 24.
Deutsche Bank AG, Singapore Branch is the arranger for the Rule 144A and Regulation S program, as noted before.
Tencent is an investment holding company based in Shenzhen, China.
| Issuer: | Tencent Holdings Ltd.
|
| Issue: | Medium-term notes
|
| Amount: | HK$1 billion
|
| Maturity: | Sept. 24, 2018
|
| Coupon: | 2.3%
|
| Pricing date: | Sept. 16
|
| Settlement date: | Sept. 24
|
| Distribution: | Regulation S
|
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