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Finance Business & Enterprise

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

BloombergPublished 37 minutes ago

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Tencent Holdings Ltd. has started marketing bonds denominated in dollars and offshore yuan to raise approximately $5 billion. The funds will support the company's growing investments in artificial intelligence technologies.

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Tencent Tells Investors Its $5 Billion Bond Mainly for AI Capex
17h· Bloomberg

#bond-market #corporate-finance #tencent-holdings-ltd

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