Tencent (HKG:0700) broke its four-year hiatus from the bond market with a planned issuance under its $30 billion bond program, according to a Monday disclosure to the Hong Kong bourse.

The company said the bond program could be denominated in any currency and tenor. The issuance amount is not yet known.

Tencent could sell offshore renminbi-denominated bonds with tenors of five, 10, or 30 years, Bloomberg News reported the same day, citing a person familiar with the matter.

Tencent's dim sum bonds would add to the outstanding $17.75 billion in debts under the program, which has been in place since 2014.

The proposed bond issuance is not a surprise for the market, considering recent industry developments, analysts at Jefferies said in a note Monday.

Tencent last issued bonds in any currency in 2021, Bloomberg reported.

The internet giant named JP Morgan, Bank of China (Hong Kong), BofA Securities, HSBC (HKG:0005), and Morgan Stanley as dealers while arrangers include JP Morgan, BofA Securities, and Morgan Stanley as arrangers.

Bank of China (HKG:3988, SHA:601988), Agricultural Bank of China (SHA:601288, HKG:1288), CITIC Securities (HKG:6030, SHA:600030), HSBC, ICBC (Asia), and JP Morgan are the joint global coordinators.

Tencent still has a $1 billion bond due January 2026 and a $500 million issuance due April next year, Bloomberg said.