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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Market

Temasek issues second exchangeable bond in two months

Posted on 08 December 2011

Singapore investment company sells S$500 million of two-year bonds exchangeable into Hong Kong-listed Li & Fung and once again investors jump at the chance to buy a triple-A rated credit.
The deal came less than two months after the Singapore investment company sold S$800 million worth of exchangeable bonds (EB) into Standard Chartered and was clearly designed to take advantage of the strong demand for that first transaction………………………………………..Full Article: Source


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