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Delga Press celebrates 60th

Delga Press celebrates 60th
printweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from printweek.com Daily Mail and Mail on Sunday newspapers.

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Tencent raises $8.3 billion with its biggest ever loan

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Tencent, the creator of the messaging platform WeChat, has raised $8.3 billion in the biggest offshore syndicated loan in Asia for a Chinese firm since 2016.
Twelve banks joined the Tencent financing deal, which initially had a $6bn size, according to people familiar with the matter.
The loan will be used for general corporate purposes, the people said, asking not to be identified as they are not authorised to speak publicly.
Representatives for Tencent didn’t immediately respond to requests for comment.
Tencent is fast evolving beyond a social media and gaming behemoth over the past decade and has poured billions of dollars snapping up stakes in promising start-ups, widening its reach in areas from social media to grocery delivery. It received a $1.6bn loan last month to back its purchase of more shares in Universal Music Group International. ....

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