Tencent Said in Talks for $3.5 Billion Supercell Purchase Loan
- Firm discussing non-recourse financing with relationship banks
- Facility to back purchase of the Finnish maker of mobile games
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Tencent Holdings Ltd. is in talks with lenders for a loan of about $3.5 billion to back its purchase of a majority stake in Supercell Oy from SoftBank Group Corp., a person familiar with the matter said.
Asia’s biggest internet company is discussing the non-recourse financing with its relationship banks, and the loan size may change, according to the person, who isn’t authorized to speak publicly and asked not to be identified.