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SINGAPORE : Singapore investment firm Temasek Holdings said it would raise US$1.5 billion under its new 10-year bond offer.
In a statement, Temasek said the notes, due in 2019, will carry an interest of 4.3 per cent.
Its wholly-owned subsidiary, Temasek Financial, will place out the bonds under its US$5 billion global medium term note programme.
Under the programme, the bonds are guaranteed by Temasek.
Temasek is rated AAA by credit agencies Standard & Poor's and Moody's Investor Services.
Net proceeds from the offering will be provided to Temasek and its subsidiary companies to fund their ordinary course of business.
Deutsche Bank, Goldman Sachs and Morgan Stanley are the joint bookrunners for the deal. - CNA /ls
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