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.
The bonds are unconditionally and irrevocably guaranteed by Temasek and will be rated Aaa by Moody’s.
The Temasek bonds are expected to be issued on Feb 6 and listed on the official list of the Singapore Exchange S68 Securities Trading Limited (SGX-ST) on Feb 7.
