Temasek upsizes medium-term note programme to US$25b

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Temasek upsizes medium-term note programme to US$25b.

TEMASEK Financial Limited , a wholly-owned subsidiary of Singapore investment firm Temasek Holdings, has increased the limit of its guaranteed global medium-term note programme to US$25 billion, from US$20 billion previously.

Net proceeds from issuing notes under this programme will be provided to Temasek and its investment holding companies to fund their ordinary course of business, unless otherwise disclosed in the relevant pricing supplement. TFin-I has 15 series of notes with a total of S$12.1 billion outstanding under the programme, it said in a press statement on Monday.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

Source: News Formal (newsformal.com)

 

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