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Secondary offering by Tencent is among the largest in the world in the period for the next 5 years.
According to Bloomberg, the new secondary offering came today with shares of China’s Technology giant “Tencent” securing a place on the list with $14.7 billion as one of the largest offerings of bonds in the U.S. Treasury followed by “T-Mobile America,” with $15.9 billion, “Rivian Automotive,” with $13.7 billion, “BlackRock,” with $13.3 billion, and “Alibaba,” with $12.9 billion, exceeding the value of offerings of SoftBank with $11.7 billion and LG Energy with $10.8 billion totaling $111.3 billion.
Increasing the offer of total value to $143.1 billion if completed.
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