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Temasek to launch 10-year US dollar bond offering

Only qualified institutional investors and buyers inside and outside the US can buy the bonds.

Temasek Holdings intends to offer a 10-year benchmark T2028-USD Temasek Bond today through its wholly-owned subsidiary, Temasek Financial (I) Limited (TFin-I). It will be offered to qualified institutional investors and buyers inside and outside the US under the US Securities Act of 1993.

According to an announcement, the bond under its US$20b Guaranteed Global Medium Term Note Program will be unconditionally and irrevocably guaranteed by Temasek.

TFin-I intends to provide the net proceeds from the issuance of the T2028-USD Temasek Bond to Temasek and its investment holding companies to fund their ordinary course of business.

The application will be made for the listing and quotation of the T2028-USD Temasek Bond on the Official List of the Singapore Exchange Securities Trading Limited (the SGX-ST).  

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