Temasek Holdings (Private) Limited (“Temasek”) has redeemed its S$1.0 billion 3.265% Guaranteed Notes due 2020 (“T2020-S$ Temasek Bond”), issued through its wholly-owned subsidiary, Temasek Financial (I) Limited (“TFin-I”).

The T2020-S$ Temasek Bond had an issue size of S$1.0 billion and a coupon of 3.265% per annum.

The T2020-S$ Temasek Bond was issued 10 years ago in February 2010 by TFin-I under Temasek’s US$10 billion Guaranteed Global Medium Term Note (MTN) Program, and guaranteed by Temasek. Temasek’s US$10 billion Guaranteed Global MTN Program size was increased to US$15 billion in July 2013 and then to US$20 billion in July 2018.

On its maturity date of 19 February 2020, the T2020-S$ Temasek Bond was redeemed at par and cancelled in accordance with its terms.

With the redemption of the T2020-S$ Temasek Bond, Temasek has 16 outstanding Temasek Bonds.

Temasek would like to thank investors for their confidence and support in its T2020-S$ Temasek Bond.

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References to “S$” refer to Singapore dollars, the legal currency of the Republic of Singapore.

About Temasek

Temasek is an investment company with a net portfolio value of S$313 billion (US$231 billion) as at 31 March 2019.

Our three roles as an Investor, Institution and Steward, as defined in our Temasek Charter, shape our ethos to do well, do right and do good.

Our investment philosophy is anchored around four key themes:

• Transforming Economies
• Growing Middle Income Populations
• Deepening Comparative Advantages
• Emerging Champions

We actively seek sustainable solutions to address present and future challenges, as we capture investment and other opportunities that help to bring about a better, smarter and more sustainable world.

Temasek has had an overall corporate credit ratings of Aaa/AAA by rating agencies Moody’s Investors Service and S&P Global Ratings respectively, since our inaugural credit ratings in 2004.

Headquartered in Singapore, we have 11 offices around the world: Beijing, Hanoi, Mumbai, Shanghai and Singapore in Asia; and London, New York, San Francisco, Washington D.C., Mexico City, and Sao Paulo outside Asia.

For more information on Temasek, please visit www.temasek.com.sg
For the latest Temasek Review, please visit www.temasekreview.com.sg