Temasek issues dual tranche of 10-year and 30-year offshore CNY bonds
The bonds will be issued under the US$25b Guaranteed Global Medium Term Note Programme.
Temasek Financial (I) launched a dual tranche offering comprising 10-year (T2034-CNH) and 30-year (T2054-CNH) offshore CNY Temasek bonds.
The T2034-CNH and T2054-CNH Temasek bonds will be issued under the US$25b Guaranteed Global Medium Term Note Programme.
The bonds will be offered outside the United States only to non-U.S. persons under Regulation S of the U.S. Securities Act of 1933, as amended.
Net proceeds from the issuance will be provided to Temasek and its investment holding companies to fund their ordinary course of business.