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Tencent Music to sell dollar senior unsecured notes; buybacks planned

Tencent Music Entertainment Group HKEX:1698 plans to sell U.S. dollar senior unsecured notes. Proceeds are to refinance offshore debt and repurchase shares, per a preliminary prospectus supplement dated September 1.

1698

Tencent Music Entertainment Group HKEX:1698 plans to sell U.S. dollar senior unsecured notes and use the proceeds to refinance offshore debt and repurchase shares, according to a preliminary prospectus supplement dated September 1.