Temasek subsidiary launches three-tranche USD bonds offering

It is comprised of a 10-, 20-, and 40-year USD Temasek Bonds.

Temasek Financial (I) Limited, a wholly-owned subsidiary of Temasek Holdings (Private) Limited, on Monday, launched three-tranche offerings of US dollar Temasek bonds, comprising 10-, 20-, and 40-year bonds.

The 10-year T2031-USD Temasek Bond, 20-year T2041-USD Temasek Bond, and 40-year T2061-USD Temasek Bond will be under Temasek Financial’s US$25b Guaranteed Global Medium Term Note Programme.

Net proceeds from the bonds will be provided to “Temasek and its investment holding companies to fund their ordinary course of business,” it said.

The bonds will be offered in the United States only to qualified institutional buyers that are qualified purchasers under Rule 144 of the U.S Securities Act, and outside the US only to non-US persons under Regulation A of the Securities Act.

Temasek said the application will be made for listing and quotation of the bonds on the official list of the Singapore Exchange Securities Trading Limited. It noted that it has been assigned an overall corporate credit rating of “Aaa” by Moody’s Investors Service, Inc., and “AAA” by S& Global Ratings. 

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Thanks to the renewal of interest in the Singapore market.
The electronics cluster showed the most optimism.
The initiative aims to improve the overseas service exports environment.
This is the group’s 2nd sustainability notes issuance in the SGD bond market.
A Jefferies report said Singapore banks have enough buffers.
HongkongLand, CapitaLandInvest, and ComfortDelGro showed the most growth.
Mizuho Securities Asia Limited will be the notes dealer.
The company’s first batch has been fully allocated in the country.
The total consideration of up to $539m over three years will take effect. 
This is to address the increased global demand for healthcare products.
Thanks to the company's improved distribution channels.
Hiring activities online increased by 55.7% in August.
CapitaLandInvest, Capland IntCom T, and Sembcorp Industries showed the most growth.
This low turnout is due to the large quantum of the project, experts say.