Temasek Considers First Euro-Bond Sale Since 2016
- The state investor may offer 12-year and 30-year notes
- Low borrowing costs have drawn Asian, global issuers to euros
A woman approaches a counter displaying signage for Temasek Holdings Pte in the lobby at the company's headquarters in Singapore.
Photographer: Bryan van der Beek/Bloomberg
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Singapore’s Temasek Holdings Pte is eyeing its first euro-bond sale in almost four years, as low borrowing costs draw more Asian issuers to Europe.
The state investor may sell 12-year and 30-year benchmark notes, according to a person familiar with the matter, who is not authorized to speak publicly and asked not to be identified. The AAA rated issuer is the largest shareholder in a list of Singaporean companies including Singapore Airlines Ltd., oil-rig builder Keppel Corp. and Singapore Telecommunications Ltd.