Temasek to issue three-tranche USD bonds
It will be issued under their US$25b global medium-term note programme.
Temasek Financial (I) Limited (TFin-I), a wholly-owned subsidiary by Temasek Holdings, intends to launch a three-tranche offering comprising a 10-year T2030-USD, a 30.5 T2051-USD, and a 50-year T2070-USD Temasek Bond on 29 September.
TFin-I will issue the new bonds under their $34b (US$25b) guaranteed global medium-term note programme, to be unconditionally and irrevocably guaranteed by Temasek.
The net proceeds from the issuance of the new bonds will be provided to Temasek and its investment-holding companies, TFin-I said in a press release.