<p>Tencent Holdings Ltd has raised $6 billion in debt, the Chinese technology company said on Thursday, in the largest debt deal by an Asian corporate in 2020.</p>.<p>The deal was finalised early on Thursday in which Tencent raised $1 billion in five-year debt, $2.25 billion in 10-year, $2 billion in 30-year and $750 million in 40-year debt, a term sheet showed.</p>.<p>It was the first time Tencent raised 40-year money in its history.</p>.<p>The transaction was the largest by a non-financial company in the Asian region so far this year, data compiled by Refinitiv showed.</p>.<p>Before the Tencent deal, the biggest was a $4 billion junk bond by Scenic Journey in January and a $2.9 billion bond by Sinopec on May 7, the data showed.</p>.<p>Around $712 billion has been raised by Asia Pacific corporates, not including Tencent's latest deal, in 2020 which is the strongest start to a year on record, according to Refinitiv data.</p>
<p>Tencent Holdings Ltd has raised $6 billion in debt, the Chinese technology company said on Thursday, in the largest debt deal by an Asian corporate in 2020.</p>.<p>The deal was finalised early on Thursday in which Tencent raised $1 billion in five-year debt, $2.25 billion in 10-year, $2 billion in 30-year and $750 million in 40-year debt, a term sheet showed.</p>.<p>It was the first time Tencent raised 40-year money in its history.</p>.<p>The transaction was the largest by a non-financial company in the Asian region so far this year, data compiled by Refinitiv showed.</p>.<p>Before the Tencent deal, the biggest was a $4 billion junk bond by Scenic Journey in January and a $2.9 billion bond by Sinopec on May 7, the data showed.</p>.<p>Around $712 billion has been raised by Asia Pacific corporates, not including Tencent's latest deal, in 2020 which is the strongest start to a year on record, according to Refinitiv data.</p>