Invest
New Bond Issue: Temasek US$10yr/30.5yr/50yr
By SG Money Matters  •  September 29, 2020
Temasek Financial (I) Limited (TFin-I), a wholly-owned subsidiary of Temasek Holdings, is launching a three-tranche offering of senior unsecured US dollar (USD) bonds today. The offering will comprise a 10-year T2030-USD Temasek bond, a 30.5-year T2051-USD Temasek bond and a 50-year T2070-USD Temasek bond. They will be unconditionally and irrevocably guaranteed by the Singapore state investment firm. The new bonds will be issued under TFin-I’s US$25 billion guaranteed global medium-term note program. For your convenience, I have compiled the information below. Bond Issuer Temasek Financial (I) Limited Bond Guarantor Temasek Holdings (Private) Limited Bond Currency USD Initial Price Guidance CT10 + 75bps area (Est. 1.403%) OLB30 + 110bps area (Est. 2.515%) OLB30 + 135bps area (Est. 2.765%)

Tenure 10-year 30.5-year 50-year Maturity Date 6 Oct 2030 6 Apr 2051 6 Oct 2070 Expected Issue...
Read the full article
By SG Money Matters
Howdy. My name is Ivan. I am a blogger and fee-based financial adviser. I spent the last decade providing financial advisory services to both individuals and business. My speciality is financial planning for early retirement.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance