Temasek Financial raises medium term note programme limit to US$25b

The last programme limit increase took place in July 2018.

Temasek Financial (I) (TFin-I) has increased the limit of its Guaranteed Global Medium Term Note Programm to US$25b from US$20b previously, according to an SGX filing.

Net proceeds arising from the issuances of notes under the programme will be used to fund their ordinary course of business, unless otherwise disclosed in the relevant pricing supplement.

The last programme limit increase took place in July 2018, when it was increased from US$15b to US$20b.

TFin-I currently has 15 series of notes, totalling $12.1b (US$8.5b), outstanding under the programme.

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