The bonds are unconditionally and irrevocably guaranteed by Temasek and will be rated Aaa by Moody’s.
Temasek Financial (I) has priced offshore RMB750 million ($142.2 million) of guaranteed notes due 2029.
The notes will carry a coupon of 3.20% per annum (p.a.) and will be issued under TFin-I’s US$25 billion ($33.5 billion) guaranteed global medium term note programme.
