Tencent Music Entertainment (HKG:1698) completed its offering of $1 billion in senior unsecured notes, according to a Friday Hong Kong bourse filing.
The offering comprises $500 million of 5.050% notes due 2031 and $500 million of 5.650% notes due 2036.
The notes were listed on the Hong Kong Stock Exchange.
Tencent Music plans to use the net proceeds of about $991.9 million for general corporate purposes, including refinancing offshore indebtedness and share repurchases.