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Tencent Tells Investors Its $5 Billion Bond Mainly for AI Capex

Takeaways by Bloomberg AITencent Holdings Ltd. told fixed-income investors Monday that its planned bond offering of about $5 billion will help finance AI-related capital expenditures, people familiar with the matter said, as it doubles down on the sector. The Chinese technology and gaming giant could price the deal as early as Tuesday, it said in a call with the investors, according to the people, who asked not to be identified because the discussions are private. The offering includes $1.5 bil...

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