Tencent reportedly looking for $6bn loan
People familiar with the matter say the proceeds are for general corporate purposes
22 January 2021 - 14:36
London/Hong Kong — Tencent Holdings, the creator of the messaging platform WeChat, is in talks with banks for a $6bn loan, according to people familiar with the matter.
That would be the biggest dollar loan syndicated in Asia for a Chinese firm since 2019, according to data compiled by Bloomberg. It would also mark a flurry of potential debt financing by tech giants after people familiar with the matter said earlier this month that rival Alibaba Group Holding is looking to sell up to $8bn of bonds...
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