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Temasek unit to issue PE-backed bonds targeting retail investors

The Azalea Group hopes to raise a total of about US$500 million from the bond issuance

Singapore

THE Azalea Group, a Temasek subsidiary, is launching a private equity bond with a tranche targeted at retail investors, a structure which is believed to be a first in the world.

The group hopes to raise a total of about US$500 million from the bond issuance. The retail...

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