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Tencent ups syndicated loan to USD 4.4 bln

2016-06-07 09:11:00| Telecompaper Headlines

(Telecompaper) Tencent is increasing the size of a syndicated loan from USD 2 billion to 4.4 billion, Bloomberg reported, citing sources familiar with the matter. The company now has commitments from 25 lenders for the facility. Tencent was not available for an immediate response.

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