Capital markets

Cash from Covid: How Tencent aims to build a war chest with record $6bn bond

The technology giant has sold a $6 billion four-tranche bond which pushes its curve out to 40 years as it plans massive investment in technology infrastructure.

Chinese technology giant Tencent shrugged off a flare-up in Sino-US relations last week to print the largest bond from a Chinese corporate so far this year.

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