Temasek Says Investors Oversubscribed Its First Sterling Bonds

BusinessWeek, 20 Jul 2010
July 20 (Bloomberg) -- Temasek Holdings Pte, Singapore’s state investment company, said investors bid for more than it offered in its first sale of sterling-denominated bonds.
Temasek priced 500 million pounds ($762 million) of 5.125 percent bonds due in 2040 to yield 90 basis points more than similar-maturity U.K. gilts, and 200 million pounds of 12-year, 4.625 percent notes at a 95 basis-point spread, it said in a stock market filing today. Full Story

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