•  T2026-S$ is the second Temasek Bond with a retail tranche
• Fixed interest rate of 1.8% per annum over 5 years
• Public Offer received over S$649 million of valid applications
• Allocation basis will be announced by tomorrow evening

Singapore, 22 November 2021, 6.45pm – Temasek Holdings (Private) Limited (“Temasek”) refers to the announcement on 15 November 2021 regarding the offer of the T2026-S$ Temasek Bond, comprising up to S$350 million 1.8% guaranteed notes due 2026 (subject to the Upsize Option), to be issued through its wholly-owned subsidiary Temasek Financial (IV) Private Limited.

Close of the Public Offer

The Public Offer closed on 22 November 2021 at 12 Noon.

As at the close of the Public Offer of up to S$100 million, valid applications received totalled S$649,506,000.

An allocation process will take place following the close of the Public Offer. The results of the allocation process will be announced by tomorrow evening.

Further information will be shared at that time on the listing and trading of the T2026-S$ Temasek Bond on the SGX-ST, and the refunds of application monies for applications that were not successful.

This announcement will be posted on Temasek’s website at www.temasek.com.sg and on the website of the SGX-ST.

Not for distribution within the United States or to U.S. Persons

This announcement is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. No portion of the proposed offering is intended to be registered in the United States, and no offering is intended to be conducted in the United States. The T2026-S$ Temasek Bond may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons.

In the European Economic Area (the “EEA”), this announcement is only directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation (EU 2017/1129) as amended (the “Prospectus Regulation”).

In the United Kingdom (“UK”), this announcement is only directed at “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation as it forms part of domestic law in the UK by virtue of the European Union (Withdrawal) Act 2018, as amended, who are also persons (i) that have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”); (ii) falling within Article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order or (iii) to whom this announcement may otherwise be directed without contravention of Section 21 of the Financial Services and Markets Act 2000, as amended (all such persons together being referred to as “relevant persons”). This announcement must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons.

No PRIIPs key information document or UK PRIIPs key information document has been prepared as the offering is not available to retail investors in the EEA or the UK.

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Contact Us

For general enquiries, please contact us at bond@temasek.com.sg