Tencent Music closes US$1 billion senior unsecured notes offering
TME•Tencent Music closes US$1 billion notes offering
- Tencent Music closed a US$1 billion senior unsecured notes offering, split evenly between 5.050% notes due 2031 and 5.650% notes due 2036.
- Net proceeds totaled about US$991.9 million.
- Funds earmarked for general corporate purposes, including refinancing offshore debt and share repurchases.
- Notes are expected to list on the Hong Kong Stock Exchange on Sept. 11, 2026.
