Tencent (TCEHY) is seeking to raise the equivalent of $1B in a three-tranche offshore yuan bond deal, Reuters’ Scott Murdoch reports. According to two sources with direct knowledge of the matter, Tencent plans to issue five-, 10- and 30-year offshore yuan bonds.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TCEHY:
- Tencent Joins Alibaba (BABA) and Baidu (BIDU) in Billion-Dollar AI Funding Drive
- AI Daily: OpenAI to share 8% of revenue with partners by decade-end
- AI Isn’t Dead – It’s Evolving from the Brains to the Body
- Tencent recruits prominent AI researcher from OpenAI, Bloomberg says
- Tencent recruits prominent AI reseesarcher from OpenAI, Bloomberg says
