Temasek goes long for dollar return

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By Morgan Davis
30 Sep 2020

Singaporean sovereign wealth fund Temasek made a successful return to the dollar bond market on Tuesday, raising $2.75bn from 10 year, 30.5 year and 50 year bonds.

The Aaa/AAA rated Temasek Holdings (Private) last sold a dollar bond in July 2018, according to Dealogic, although other other Temasek entities have tapped the euro market more recently.

Bookrunners Barclays, Citi, DBS, HSBC and Morgan Stanley began marketing the new 10 year notes at the 75bp over US ...

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