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Debt Financing

Tencent Music Closes $1 Billion Notes Offering to Refinance Debt, Fund Buybacks

Shenzhen – September 16, 2026 -- Tencent Music Entertainment Group has closed a US$1,000 million senior unsecured notes offering, netting approximately US$991.9 million after underwriting discounts and expenses.

TME splits offering into two tranches maturing 2031 and 2036

The offering consists of US$500 million in 5.050% notes due 2031 and US$500 million in 5.650% notes due 2036. The notes are registered under the U.S. Securities Act of 1933 and are set to list on The Stock Exchange of Hong Kong Limited on September 11, 2026.

Proceeds earmarked for offshore debt refinancing and share repurchases

TME plans to direct the net proceeds toward general corporate purposes, including refinancing existing offshore indebtedness and funding share buybacks. The company, dual-listed as NYSE: TME and HKEX: 1698, operates China's QQ Music, Kugou Music, Kuwo Music, WeSing and Ximalaya platforms.

CGI Prices C$500 Million Senior Notes to Refinance Debt

Montreal – – September 15, 2026 -- CGI Inc. has priced C$500 million in senior unsecured notes split across two maturities, with proceeds earmarked to repay existing debt and fund general corporate purposes.

CGI splits offering into two tranches with distinct rates

The IT and business consulting firm, listed as GIB.A on the TSX and GIB on the NYSE, will issue C$250 million of 3.25-year notes carrying a 4.195% annual coupon alongside C$250 million of 4.75-year notes at 4.484%. The offering is expected to close on or about September 14, 2026, pending customary conditions.

Net proceeds land near C$497.3 million after fees

After deducting agents' fees and estimated offering expenses, CGI expects to net approximately C$497.3 million. The company said the funds will be applied to repaying existing indebtedness, with any remainder used for general corporate purposes.