Temasek Holdings Pte Ltd and Khazanah Nasional Bhd, the state-owned investment companies of Singapore and Malaysia, hired banks to arrange S$5 billion (US$3.9 billion) of property development loans, according to two people familiar with the matter.
At least nine lenders will contribute to the five-year bullet facility, which will pay a so-called all-in fee of 100 basis points over benchmark rates, one of the people said yesterday, asking not to be identified as details are private. Full story
Related:
Temasek, Khazanah seek S$5b loan for property projects: Basis Point - The Malaysian Insider
Temasek, Khazanah Said to Seek S$5 Billion in Property Loans - San Francisco Chronicle
Temasek, Khazanah seek S$5 bln loan for property projects-Basis Point - Reuters
