Temasek sells EB linked to Li & Fung, closes up 0.5%
Temasek Financial, Singapore’s state-owned investment fund, sold an exchangeable bond on Wednesday night, its second in less than two months. The two year deal references shares in Hong Kong-listed Li & Fung, a multinational consumer supply chain business, and was two and a half times covered.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts