Temasek Financial (I) Limited, a subsidiary of Temasek Holdings, has announced the launch of its multi-tranche offshore renminbi bonds, comprising 5-year, 10-year, and 30-year options. These bonds, named T2030-CNH, T2035-CNH, and T2055-CNH Temasek Bonds, are part of Temasek’s $25 billion Guaranteed Global Medium Term Note Programme and are guaranteed by Temasek Holdings.
The bonds are set to be listed on the Singapore Exchange Securities Trading Limited, with applications for listing and quotation already underway. Temasek has received top-tier credit ratings of “Aaa” from Moody’s Investors Service and “AAA” from S&P Global Ratings, underscoring its financial stability.
The proceeds from these bonds will be channelled to Temasek and its investment holding companies to support their regular business activities. The bonds will be offered outside the United States to non-U.S. persons under Regulation S of the U.S. Securities Act of 1933.
This strategic move by Temasek aims to bolster its financial resources and support its investment activities globally. The issuance of these bonds highlights Temasek’s robust financial standing and its commitment to maintaining a strong presence in the global financial markets. As the bonds are set to be listed on the Singapore Exchange, they are expected to attract significant interest from international investors.
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