Story thread · 2 reports / 2 sources

Tencent Music’s Billion-Dollar Bond Offering Officially Sets Sail as ‘TME’ Stock Continues to Get Battered

digitalmusicnews.com · 7dShare

China’s Tencent Music announces a $1B bond offering amid serious top-line margin pressure, with a major drop in TME shares year-over-year. Tencent Music Entertainment (TME), China’s leading all-in-one music and entertainment platform, has announced its public bond offering of $1 billion, consisting of $500 million of 5.050% notes due 2031 and $500 million of 5.650% […]

First report: Tencent Music prices USD $1B bond offering, with proceeds earmarked for refinancing and buybacks — musicbusinessworldwide.com, 7d