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Temasek launches dual tranche offering of 6-year, 12-year EUR Temasek Bonds
TEMASEK Holdings (Private) said it intends to launch a dual tranche offering comprising a benchmark 6-year T2022-EUR Temasek Bond and a 12-year T2028-EUR Temasek Bond on Tuesday through its subsidiary, Temasek Financial (I) (TFin-I).
The T2022-EUR and T2028-EUR Temasek Bonds to be issued by TFin-I under its US$15 billion Guaranteed Global Medium Term Note Program will be fully, irrevocably and unconditionally guaranteed by Temasek.
TFin-I intends to provide the net proceeds from the issuance of the T2022-EUR and T2028-EUR Temasek Bonds to Temasek and its investment holding companies to fund their ordinary course of business.