Singapore’s state-owned investment powerhouse Temasek Holdings has priced $1.5 billion worth of U.S. dollar-denominated bonds, marking another significant step in its ongoing global financing strategy.
The issuance comes just one day after launching the offer under its $25 billion medium-term note program, a framework that allows Temasek to tap global debt markets efficiently when opportunities arise.
The bonds were issued through Temasek Financial (I) Limited, a wholly owned unit responsible for raising debt on behalf of the group.
The offering comprises two tranches of $750 million each. The first carries a 3.75% fixed interest rate over a two-year maturity, appealing to investors seeking predictable income in the current interest rate environment. Continue reading Temasek Issues $1.5B Bonds to Fund Global Investments