The post Tencent breaks 4 year silence with major bond sale appeared on BitcoinEthereumNews.com.

Chinese multinational technology conglomerate, Tencent Holdings, has lined up banks to manage its first bond sale in four years.  The offering may be structured across multiple maturities and currencies, adding to the company’s $17.75 billion in outstanding notes. Its sale also coincides with a record-setting year for dim sum bonds, with Chinese issuers securing $46.2 billion year-to-date on the back of favorable financing conditions and robust investor interest. So far, Tencent has tapped JPMorgan Chase, Bank of America Securities, and Morgan Stanley to arrange the program. Tencent has upcoming obligations, including a $500 million maturing in April 2026 Tencent deal’s timing will hinge on market conditions, internal capital requirements, and investor appetite, in compliance with the applicable regulations. The company has yet to reveal how much it intends to raise, but the move seems driven by both necessity and market opportunity. With the September issuance window wide open, many issuers are hurrying to lock in financing before conditions potentially turn less favorable. Tencent already faces a squeezing debt schedule, with a $500 million note maturing in April 2026 and another $1 billion bond due in January 2026. Although the company had long floated the prospect of dollar- and yuan-denominated issuance, the deal only came to market this year. However, with rates in Asia’s currency markets that are friendly to the company, this window may enable Tencent to deal with its upcoming debt maturities effectively. On the earnings side, the company reported strong June-quarter results with sales rising 15% to $25.7 billion, about 3% ahead of its guidance. As earlier reported by Cryptopolitan, the company posted a 17% rise in net income, driven largely by the firm’s stronger margins across advertising and gaming segments. Among the contributors cited by the company for its results were AI-powered advertisements and the growth of…

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Filed under: News - @ September 15, 2025 5:27 am