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Temasek selling Euro bond to raise fund!

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24-02-2016, 01:40 PM

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Temasek selling Euro bond to raise fund!

An honorable member of the Coffee Shop Has Just Posted the Following:

In the exchange filing, Temasek's chief financial officer Leong Wai Leng said: "Both issues were oversubscribed, with robust demand from high-quality investors."

The bonds, fully guaranteed by AAA-rated Temasek, will be issued by its wholly-owned subsidiary Temasek Financial (I) under a US$15 billion Guaranteed Global Medium Term Note Programme.

Temasek Financial (I) intends to provide the net proceeds from the issuance of the bonds to Temasek and its investment holding companies to fund their ordinary course of business.

http://www.channelnewsasia.com/news/...o/2543984.html

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