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Published on 2/24/2016 in the Prospect News Emerging Markets Daily.

S&P rates Temasek notes AAA

Standard & Poor’s said it assigned an AAA long-term issue rating to a drawdown by Temasek Financial (I) Ltd. under its $15 billion guaranteed global medium-term note program.

Temasek Financial (I) has priced the €600 million 0.5% guaranteed notes due 2022 and €500 million 1½% guaranteed notes due 2028.

Temasek Holdings (Pvt.) Ltd. fully, irrevocably and unconditionally guarantees the bonds, S&P said.


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