Chinese gaming and social media leader Tencent Holdings plans to issue five-, 10- and 30-year offshore yuan bonds, showed to a term sheet seen by Reuters on Tuesday.
The dim sum bonds have initial price guidance of about 2.6% for the 5-year tranche, 3% for the 10-year and 3.6% for the 30-year, the term sheet showed.
The sale is for investors based outside of the U.S.
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