Tencent raises $6 billion in new debt

On Thursday, China’s Tencent Holdings Ltd said, it has raised $6 billion in debt in what is the largest ever debt deal by an Asian company this year.

According to a term sheet, the deal, which was finalized early on Thursday, saw Tencent raising $1 billion in five-year debt, $2.25 billion in 10-year, $2 billion in 30-year and $750 million in 40-year debt.

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