Here are the 424B prospectus supplements from Tencent Music Entertainment Group (TME) in our archive over the last 12 months, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 424B covers the supplement that carries the terms of a priced offering, so if you follow TME and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TME filings page.
Tencent Music Entertainment Group (TME) is issuing US$1,000,000,000 of senior unsecured notes, including US$500,000,000 5.050% notes due 2031 and US$500,000,000 5.650% notes due 2036, with interest paid semi-annually from March 10, 2027. The 2031 notes mature on September 10, 2031 and the 2036 notes on September 10, 2036, and both series are redeemable early at a make‑whole premium before their respective par call dates and at par plus interest thereafter, with an additional 101% repurchase obligation upon a defined Triggering Event.
The notes will rank as senior unsecured obligations, structurally subordinated to liabilities of subsidiaries and consolidated affiliated entities, and are expected to be listed on the Hong Kong Stock Exchange for trading among professional investors. TME estimates net proceeds of about US$991.9 million, to be used for general corporate purposes including refinancing offshore debt and share repurchases. The company highlights solid financials: for the six months ended June 30, 2026, revenues were RMB16.8 billion, up 6.5% year over year, with profit attributable to equity holders of RMB4.6 billion and combined cash, term deposits and short-term investments of RMB44.2 billion.
Tencent Music Entertainment Group (TME) is issuing two tranches of new U.S. dollar senior unsecured notes under its Form F-3 shelf, to be listed on the Hong Kong Stock Exchange for professional investors only. The notes rank pari passu with TME’s other unsecured unsubordinated debt, are effectively subordinated to secured debt, and are structurally subordinated to obligations of subsidiaries and consolidated affiliated entities.
The notes feature issuer call options with a make-whole call before specified par call dates, par redemption thereafter, a 101% repurchase offer upon a defined Triggering Event, and a tax redemption if PRC tax changes require additional amounts. There are no caps on additional debt at the parent or subsidiary level, and the risk factors highlight potential PRC tax residency exposure, FX controls, and the possibility that an active trading market may not develop.
Financially, TME reported 6M 2026 revenue of RMB16,828 million, up 6.5% year over year, driven by an 11.5% increase in music-related services, partly offset by a 13.7% decline in social entertainment and others. Net profit attributable to equity holders was RMB4,562 million, lower than a year earlier mainly due to a large one-off gain in 2025. As of June 30, 2026, TME held RMB44.2 billion in cash, term deposits and short-term investments and had RMB13.1 billion in borrowings, alongside ongoing share repurchases and rising cash dividends.