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Tencent Kicks Off $5 Billion Bond Sale to Finance AI Spending

Bloomberg Technology Tuesday 13 October 2026, 00:25 UTC By Janice Huang 1 min read
Key Points

Exclusive AI Tencent Kicks Off $5 Billion Bond Sale to Finance AI Spending Tencent Holdings Ltd. began marketing dollar and offshore yuan bonds in an offering that could raise around $5 billion to support its escalating investments in artificial intelligence. The Chinese technology and gaming giant has set initial price guidance for its proposed 10-year and 20-year dollar bonds at around 115 and 140 basis points above comparable US Treasuries, respectively, according to a person familiar...

Exclusive AI Tencent Kicks Off $5 Billion Bond Sale to Finance AI Spending Tencent Holdings Ltd. began marketing dollar and offshore yuan bonds in an offering that could raise around $5 billion to support its escalating investments in artificial intelligence. The Chinese technology and gaming giant has set initial price guidance for its proposed 10-year and 20-year dollar bonds at around 115 and 140 basis points above comparable US Treasuries, respectively, according to a person familiar with the matter. The company is also marketing 10-year and 30-year offshore yuan-denominated notes, with guidance around 2.9% and 3.5%, the person said.
Tencent Kicks Off (ORG) AI Tencent Kicks (ORG) Tencent Holdings Ltd. (ORG) Chinese (ORG) US Treasuries (ORG)
Originally published by Bloomberg Technology Read original →

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