Singapore’s Sea prices $500m convertible note, Tencent to pick up to $50m of issue

Sea leadership team (including Chairman & Chief Executive Officer Forrest Li and President Nick Nash) on the podium. Credit: NYSE

Singapore-based online gaming and e-commerce company Sea Ltd  has priced its $500 million convertible senior notes which are due in 2023. The company also said that its affiliate Tencent Holdings would purchase up to $50 million of the offering.

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