Temasek announces proposed S$1.0bn offering of Guaranteed Notes due 2020

PaPerSoldier

Temasek announces proposed S$1.0bn offering of
Guaranteed Notes due 2020
Singapore, 8 February 2010 – Temasek Holdings (Private) Limited (“Temasek”) today announced
that its wholly-owned subsidiary, Temasek Financial (I) Limited (the “Issuer”), intends to offer a S$1.0
billion offering of Guaranteed Notes due 2020 (the “Notes”) under the Issuer’s US$10.0 billion
Guaranteed Global Medium Term Note Program (the “Program”).
The Program limit was increased from its initial US$5.0 billion to US$10.0 billion on 3 February 2010
to cater for the possibility of future issues under the Program, as the aggregate amount of its issues
of notes under the Program to date is near the initial US$5.0 billion Program limit.
Under the Program, notes issued by the Issuer are fully and unconditionally guaranteed by Temasek.
Temasek is rated AAA by Standard & Poor’s and Aaa by Moody’s Investors Service, and the Notes
are rated AAA by Standard & Poor’s and Aaa by Moody’s Investors Service.
The Issuer intends to provide the net proceeds from the issuance of the Notes to Temasek and its
investment holding companies to fund their ordinary course of business.
Approval in-principle has been obtained for the listing and quotation of the Notes on the Singapore
Exchange Securities Trading Limited (the “SGX-ST”). The SGX-ST assumes no responsibility for the
correctness of any of the statements made or opinions expressed or reports contained herein.
Approval for the listing and quotation of the Notes on the SGX-ST is not to be taken as an indication
of the merits of the Issuer, Temasek, the Program or the Notes.
The Notes will be offered outside the United States only to non-U.S. persons under Regulation S of
the U.S. Securities Act of 1933, as amended.