Tencent Is Said Likely to Increase Loan to as Much as $4 Billion

  • Asia’s biggest Internet firm raising amount from $1.5 billion
  • Banks have May 20 deadline for committing to the loan

Tencent Holdings Ltd., Asia’s biggest Internet company, is likely to raise as much as $4 billion in a syndicated loan amid strong demand from investors, people familiar with the matter said.

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