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business / news / 2026-06-09 / MarketScreener

China's Tencent Holdings has set the initial price guidance for a $4 billion dual-currency bond deal.

Tencent set initial price guidance for a $4 billion dual-currency bond offering.

KEY POINTS
SYDNEY, June 9 (Reuters) - China's Tencent Holdings has set the initial price guidance for a $4 billion dual-currency bond deal, according to a term sheet reviewed by Reuters. Price guidance for a proposed 10-year dollar bond is U.S. Treasuries plus 80 basis points and a 20-year dollar bond is U.S. Treasuries plus 90 basis points, the term sheet said. A 10-year offshore yuan bond guidance is set at about 2.95% and a 30-year offshore yuan bond at 3.55%, according to the term sheet. Tencent is aiming to raise $4 billion in the deal, Reuters reported on Monday citing sources. (Reporting by Scott Murdoch; Editing by Tom Hogue)
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