Temasek Holdings to Launch Dual Tranche Euro Bonds
Posted on 11/13/2019
Temasek Financial (I) Limited (TFin-I), a unit of Temasek Holdings, is launching a dual tranche offering of euro bonds under its US$20 billion guaranteed global medium-term note program. Temasek Financial is issuing a 12-year bond (T2031-EUR Temasek Bond) and a 30-year bond (T2049-EURO Temasek Bond). The bonds will be offered outside the United States, only to non-U.S. persons. Barclays plc, BNP Paribas, Credit Suisse Group, and HSBC Holdings plc are assisting in marketing the bonds.
In October 2019, Temasek redeemed its US$ 1.5 billion guaranteed notes due 2019 (at 4.3%).