Temasek launches dual tranche Euro bond offering
With a term of 6 years and 12 years.
Sovereign wealth fund Temasek Holdings intends to launch a dual tranche 6-year and 12-year bond offering under its US$15 billion Guaranteed Global Medium Term Note Program.
The notes will be issued by Temasek Financial (I) Limited and will be fully, irrevocably and unconditionally guaranteed by Temasek.
The proceeds from the 6-year T2022-EUR Temasek Bond and a 12-year T2028-EUR Temasek Bond will be provided to Temasek and its investment holding companies to fund their ordinary course of business.
Temasek has been assigned an overall corporate credit rating of AAA by Standard & Poor’s Ratings Services and Aaa by Moody’s Investors Service.