Tencent Music Entertainment Group Plans to Issue Senior Unsecured Notes
SHENZHEN, China, Sept. 1, 2026 /CourierPR/ -- Tencent Music Entertainment Group, the leading music and audio entertainment platform in China, announced its plans to issue senior unsecured notes in a proposed public offering. The move aims to bolster the company's financial flexibility and support its growth strategies.
Tencent Music Entertainment Group, which operates popular music apps like QQ Music, Kugou Music, Kuwo Music, WeSing, and Ximalaya, intends to use the net proceeds from this offering for general corporate purposes. This includes refinancing existing offshore debt and potentially repurchasing shares. The company has registered the offering under the U.S. Securities Act of 1933 and is working with J.P. Morgan Securities LLC, Goldman Sachs (Asia) L.L.C., and The Hongkong and Shanghai Banking Corporation Limited as joint bookrunners. UBS AG Hong Kong Branch, Bank of China Limited, and MUFG Securities Asia Limited will serve as joint lead managers.
The company's automatic shelf registration statement on Form F-3, including a base prospectus, is currently on file with the U.S. Securities and Exchange Commission (SEC). A preliminary prospectus supplement has been filed for the offering. Investors are advised to read the prospectus supplement and accompanying base prospectus for more detailed information. The documents can be accessed free of charge through the SEC’s EDGAR database at www.sec.gov, or they can be obtained by contacting the underwriters.
This offering is subject to market conditions and other factors and is being made only by means of the prospectus supplement and accompanying base prospectus. It is not an offer to sell or a solicitation of an offer to buy these securities in any state or jurisdiction where such offer or sale would be unlawful. The securities have not been and will not be registered under the applicable securities laws of any jurisdiction outside the United States.
Tencent Music Entertainment Group’s mission is to create endless possibilities with music and technology. The company’s dual-engine content-and-platform strategy extends beyond online streaming into offline concerts, artist merchandise, and other IP-centric experiences. By integrating various music and audio entertainment services, Tencent Music Entertainment aims to provide a seamless user experience that includes discovering, listening, singing, watching, performing, and connecting across diverse scenarios.