18.07.2012 - Temasek's US$1.7bln bond issue 4.5 times subscribed
Temasek Holdings has sold US$1.7 billion worth of US dollar bonds in an offering that was heavily oversubscribed, allowing it to raise long-term funds at record-low interest rates. It received orders totalling US$7.6 billion - some 4.5 times the original size of the offer - from institutional investors worldwide. The strong demand allowed Temasek to price the bonds - issued in two tranches - at lower yields than originally expected...............................................Full Article: Source
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