09.09.2015 - S&P affirms Temasek's top AAA credit rating
Ratings agency Standard & Poor's has affirmed Temasek Holdings' top AAA credit rating and stable outlook, citing its consistent record of generating positive returns from a sizeable, high-quality and liquid investment portfolio. The strong rating on Temasek's long-term corporate credit takes into account S&P's view that there is an "extremely high" likelihood that Temasek would receive "extraordinary support" from the Singapore Government if necessary. But even disregarding government support, Temasek still garners a standalone credit profile of "aaa", which reflects its excellent business risk profile and minimal financial risk profile, S&P said...............................................Full Article: Source
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