Source: Tech – South China Morning PostChinese technology and mobile gaming giant Tencent Holdings has appointed banks for its first bond offering in four years.
The company is proposing to sell offshore-yuan denominated notes with five-year, 10-year and 30-year tenors as early as Tuesday, according to a person familiar with the matter.
It said Bank of China and JPMorgan Chase would be the joint global coordinators, with Bank of Communications and Morgan Stanley serving as the joint bookrunners for the deal, the person added.
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