For its ratings rationale, Moody’s says that it assesses Temasek as an investment holding company and financing vehicle, and on this basis, Temasek continues to maintain a net cash position as at March 2025.
Moody’s Ratings affirms the Aaa long-term issuer rating and aaa Baseline credit assessment (BCA) of Temasek Holdings in a statement issued on Sept 11.
“The outlook on all ratings is stable,” the credit rating agency added.
