OCTO FINANCES noted that Bilibili's $700 million zero-coupon 2031 CB primarily facilitates Tencent's exit rather than new funding.

An Independent Vision of the Credit Markets Created in 1991, Octo Finances is a leader in financial intermediation in Europe, specialising in the public and private bond markets. The group is an independent player, operating in four complementary activities: bonds, convertible bonds, corporate finance and credit research.