Temasek to Sell S$1 Billion of Bonds to Fund Business

Bloomberg.com, 8 Feb 2010
Feb. 8 (Bloomberg) -- Temasek Holdings Pte., Singapore’s state-owned investment company, plans to sell S$1 billion ($704 million) of 10-year bonds to fund operations.
Temasek unit Temasek Financial Ltd. will sell the bonds, which will be issued under the Singapore state-owned investment company’s $10 billion global medium-term note program, Temasek said in an e-mailed statement today. The program limit was doubled on Feb. 3 “to cater for the possibility of future issues,” according to the statement. Full Story

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