Temasek to offer 50-year SGD Temasek bond
The T2071-SGD Temasek Bond will be issued by wholly-owned subsidiary Temasek Financial (I) Limited.
Temasek announced on 10 August that it is set to launch an offering of a 50-year T2071-SGD Temasek bond.
The bond will be issued by its wholly-owned subsidiary Temasek Financial (I) Limited, under its US$25m Guaranteed Global Medium Term Note Programme, and will be unconditionally and irrevocably guaranteed by Temasek.
Net proceeds will go to Temasek and its investment holding companies to fund their ordinary course of business.
The bond will be offered to outside the United States, only to non-U.S. persons.