Maples Group advises Tencent Music Entertainment in its US$991.9 million notes offering

Maples Group acted as Cayman Islands legal counsel to Tencent Music Entertainment Group (“TME”), a leading all-in-one music and audio entertainment platform in China, on the issue of an aggregate of US$500 million principal amount of its 5.050% notes due 2031 (the “2031 Notes”) and an aggregate of US$500 million principal amount of its 5.650% notes due 2036 (the “2036 Notes”, together with the 2031 Notes, the “Notes”). The issue of the Notes closed on 10 September 2026.

The Notes have been registered under the U.S. Securities Act of 1933, as amended, and are listed on The Stock Exchange of Hong Kong Limited. TME received net proceeds from the offering of approximately US$991.9 million, after deducting underwriting discounts and commissions and estimated offering expenses.

The Maples team comprised Partner, Karen Zhang Pallaras and Legal Manager, Charmaine Chow.

TME was advised by Davis Polk & Wardwell as to United States federal securities and New York State law and Han Kun Law Offices as to PRC law. The underwriters were advised by Latham & Watkins LLP as to United States federal securities and New York State law and Zhong Lun Law Firm as to PRC law.