<p>Chinese technology giant Tencent kicked off its offer of bonds worth up to $6 billion in Hong Kong on Wednesday, launching the sale even as riot police fired pepper spray to disperse protesters in the city's central business district.</p>.<p>The deal is the biggest international offering by an Asian company this year and will be the first time the social media and gaming firm has offered ultra-long 40-year debt.</p>.<p>Protests have returned to the streets of Chinese-ruled Hong Kong after Beijing proposed national security laws aimed at tackling secession, subversion and terrorist activities.</p>.<p>Police on Wednesday fired pepper spray to quell protests against the government's move to make it illegal to disrespect the Chinese national anthem.</p>.<p>Hong Kong-listed Tencent will finalise its bond deal in New York later on Wednesday, two sources said.</p>.<p>Tencent has a quota from China's National Development and Reform Commission (NDRC) for up to $6 billion, according to a source with direct knowledge of the matter.</p>.<p>The sources could not be named because the information has not yet been made public.</p>.<p>A term sheet reviewed by Reuters shows the company plans to sell bonds in five-, 10-, 30- and 40-year maturities.</p>.<p>A book message sent to investors by the lead banks, seen by Reuters, showed there were $10 billion worth of orders from investors in the early afternoon in Hong Kong.</p>.<p>Tencent declined to comment on the potential size of the deal. The deal is being led in Hong Kong by Bank of America, HSBC and Morgan Stanley.</p>
<p>Chinese technology giant Tencent kicked off its offer of bonds worth up to $6 billion in Hong Kong on Wednesday, launching the sale even as riot police fired pepper spray to disperse protesters in the city's central business district.</p>.<p>The deal is the biggest international offering by an Asian company this year and will be the first time the social media and gaming firm has offered ultra-long 40-year debt.</p>.<p>Protests have returned to the streets of Chinese-ruled Hong Kong after Beijing proposed national security laws aimed at tackling secession, subversion and terrorist activities.</p>.<p>Police on Wednesday fired pepper spray to quell protests against the government's move to make it illegal to disrespect the Chinese national anthem.</p>.<p>Hong Kong-listed Tencent will finalise its bond deal in New York later on Wednesday, two sources said.</p>.<p>Tencent has a quota from China's National Development and Reform Commission (NDRC) for up to $6 billion, according to a source with direct knowledge of the matter.</p>.<p>The sources could not be named because the information has not yet been made public.</p>.<p>A term sheet reviewed by Reuters shows the company plans to sell bonds in five-, 10-, 30- and 40-year maturities.</p>.<p>A book message sent to investors by the lead banks, seen by Reuters, showed there were $10 billion worth of orders from investors in the early afternoon in Hong Kong.</p>.<p>Tencent declined to comment on the potential size of the deal. The deal is being led in Hong Kong by Bank of America, HSBC and Morgan Stanley.</p>