Bond Tencent Global Ltd 3.28% ( US88032XAL82 ) in USD

Issuer	Tencent Global Ltd
Market price	100 % ▲
Country	China
ISIN code	US88032XAL82 ( in USD )
Interest rate	3.28% per year ( payment 2 times a year)
Maturity	10/04/2024 - Bond has expired
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Minimal amount	200 000 USD
Total amount	1 250 000 000 USD
Cusip	88032XAL8
Standard & Poor's ( S&P ) rating	A+ ( Upper medium grade - Investment-grade )
Moody's rating	A1 ( Upper medium grade - Investment-grade )
Detailed description	Tencent Holdings Limited is a multinational conglomerate holding company headquartered in Shenzhen, China, specializing in internet-related services and products, including social media, mobile games, entertainment, and fintech. An in-depth review of the bond identified by ISIN US88032XAL82 and CUSIP 88032XAL8 reveals a fixed-income instrument issued by Tencent Holdings Ltd, a prominent Chinese multinational technology and entertainment conglomerate renowned globally for its vast portfolio encompassing social media, gaming, cloud services, and digital payments, notably through platforms like WeChat. This particular bond, originating from China and denominated in USD, featured a coupon rate of 3.28%, with interest payments disbursed semi-annually. The total issuance size amounted to $1,250,000,000, catering to institutional and high-net-worth investors with a minimum purchase size set at $200,000. Throughout its lifecycle, the bond maintained strong credit profiles, evidenced by its A+ rating from Standard & Poor's and an A1 rating from Moody's, reflecting Tencent's robust financial health and market position. The bond, which had a market price of 100% at its conclusion, successfully reached its maturity on April 10, 2024, at which point it was fully redeemed and repaid to bondholders.