<article><a href="http://www.dealstreetasia.com/?s=Huawei+Technologies+Co">Huawei Technologies Co</a>., the world’s third-biggest smartphone maker, plans to sell at least $2 billion of bonds amid a boom in financing for Chinese technology companies, a person familiar with the matter said.</article>

<a href="http://www.dealstreetasia.com/?s=Huawei+Technologies+Co">Huawei Technologies Co</a>., the world’s third-biggest smartphone maker, plans to sell at least $2 billion of bonds amid a boom in financing for Chinese technology companies, a person familiar with the matter said.
The firm, founded in 1987 by former army engineer Ren Zhengfei, plans to offer ten-year notes, according to the person, who asked not to be identified because the details are private. It is still in discussion with banks about the details and the size could change, the person said.
China’s private-sector technology firms are taking advantage of mounting demand from investors fleeing debt risks at state-owned enterprises to raise cheaper cash. <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=Tencent+Holdings+Ltd">Tencent Holdings Ltd</a>., Asia’s biggest Internet company, has invited banks to join its $1.5 billion syndicated loan, people familiar with the matter said Tuesday. <a style="color: #000080;" href="http://www.dealstreetasia.com/?s=JD.com+Inc">JD.com Inc</a>., China’s second-biggest online retailer, is planning to offer about $1.5 billion of bonds and is meeting investors through Friday, people familiar have said.
Glenn Schloss, a spokesman for Huawei, didn’t immediately respond to an e-mail and voice mail.
The Wall Street Journal reported earlier on the planned bond sale.
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Bloomberg

Huawei Technologies Co., the world’s third-biggest smartphone maker, plans to sell at least $2 billion of bonds amid a boom in financing for Chinese technology companies.

Huawei to plan $2b bond issue as China tech funding booms

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Huawei to plan $2b bond issue as China tech funding booms

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