Tencent lists US$2.45 billion and CNY15.00 billion senior notes under US$30 billion GMTN programme

Bulletin Express
06/17

Tencent Holdings Limited (Tencent) has secured Hong Kong Stock Exchange approval to list four new tranches of senior notes with a combined face value of US$2.45 billion and CNY15.00 billion under its US$30 billion Global Medium Term Note Programme.

Key terms 1. US dollar notes • US$1.75 billion 5.00% senior notes maturing in 2036 • US$0.70 billion 5.60% senior notes maturing in 2046

2. Renminbi notes • CNY11.00 billion 2.50% senior notes maturing in 2036 • CNY4.00 billion 3.10% senior notes maturing in 2056

Listing details • Securities will be issued to professional investors only under Chapter 37 rules. • Trading on the HKEX is scheduled to begin on 17 June 2026.

Syndicate structure • USD tranches: J.P. Morgan, HSBC and Morgan Stanley act as joint global coordinators and managers; additional managers include Bank of China, Barclays, BofA Securities, Bank of Communications, China Construction Bank, Goldman Sachs (Asia) L.L.C., ICBC (Asia) and MUFG. • CNY tranches: Bank of China, CITIC Securities, HSBC, ICBC (Asia) and J.P. Morgan serve as joint global coordinators and managers; Agricultural Bank of China, Bank of Communications, China Construction Bank and Standard Chartered Bank participate as other managers.

Programme capacity Following this issuance, Tencent remains within its authorised maximum of US$30.00 billion under the Global Medium Term Note Programme.

Governance The board comprises Executive Director Ma Huateng, Non-Executive Directors Jacobus Petrus Bekker and Charles St Leger Searle, and Independent Non-Executive Directors Li Dong Sheng, Ian Charles Stone, Yang Siu Shun, Ke Yang and Zhang Xiulan.

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