Temasek pok kai liao?

[Ripley]

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<table border="0" cellpadding="0" cellspacing="0" width="789"><tbody><tr> <td colspan="3" height="26"> </td> </tr> <tr> <td valign="top" width="5"> </td> <td colspan="2" valign="top" width="784">Temasek to issue US$1.5b 10-year notes due in 2019 with 4.3% coupon
By Irene Chan, Channel NewsAsia | Posted: 20 October 2009 1307 hrs
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Temasek Holdings</td> </tr> <tr> <td> </td> <td class="update"> </td> </tr> <tr> <td> </td> <td> <table style="background-color: rgb(204, 204, 204);" border="0" cellpadding="0" cellspacing="0" width="240"> <tbody><tr> <td valign="top" width="100%"> <table border="0" cellpadding="0" cellspacing="1" width="100%"> <tbody><tr style="background-color: rgb(255, 255, 255);"> <td> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr> <td class="topic" align="left" valign="top">Related News </td> </tr> <tr> <td align="left" bgcolor="#cccccc" valign="top">

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</td><td class="bodytext" width="96%">Temasek to issue 10-year USD bonds due in 2019</td> </tr> </tbody></table></td> </tr> </tbody></table></td> </tr> <tr> <td bgcolor="#cccccc" valign="top">

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SINGAPORE : Singapore investment firm Temasek Holdings said it would raise US$1.5 billion under its new 10-year bond offer.

In a statement, Temasek said the notes, due in 2019, will carry an interest of 4.3 per cent.

Its wholly-owned subsidiary, Temasek Financial, will place out the bonds under its US$5 billion global medium term note programme.

Under the programme, the bonds are guaranteed by Temasek.

Temasek is rated AAA by credit agencies Standard & Poor's and Moody's Investor Services.

Net proceeds from the offering will be provided to Temasek and its subsidiary companies to fund their ordinary course of business.

Deutsche Bank, Goldman Sachs and Morgan Stanley are the joint bookrunners for the deal. - CNA /ls
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[hairylee]

Temasek will never go pok kai like the GIC.
4 million sinkies to suck everyday.

 

[ahleebabasingaporethief]

Under current market conditions 4.3% is VERY HIGH.

They have to pay Interest of US$65m every year

Smells of desperation.
​

 

[Cestbon]

Why need to sell bond. Use CPF money let the CPF account holder get the 4.3% interest rate/annual.

 

[ahleebabasingaporethief]

Why need to sell bond. Use CPF money let the CPF account holder get the 4.3% interest rate/annual.

Maybe the mother of all piggy banks also pok liao. Can?
​

 

[Ramseth]

If not that high, others won't buy.

Under current market conditions 4.3% is VERY HIGH.​

They have to pay Interest of US$65m every year​

Smells of desperation.​

 

[Papsmearer]

Under current market conditions 4.3% is VERY HIGH.

They have to pay Interest of US$65m every year

Smells of desperation.
​

That was my first thought too. So bloody high, the rate for a essentially a soverign bond. Boeing recently issued notes at 4.7% for the same term, and they have a lower A2 rating. Basically, if Temasek was doing so well, why do they need to issue bonds? future expansion should be funded internally thru retained profits and what not.

 

[Watchman]

Sell you Bonds then devalues the SG currencies !

 

[singveld]

what a disgraceful company , run by a disgraceful CEO, surrounded by disgraceful scholars.

plaza singapura big fxxk is it. they should move to tuas, the rent is cheaper there.

 

[TeeKee]

No money already?

Can't afford a designer for a company's logo?

 

[singveld]

oh my god, these scholars, spend years in US ivy league come out with these kind of shit posters.
what a fxxking disgrace.

No money already?

Can't afford a designer for a company's logo?

 

[Watchman]

<embed src='http://www.mp3fusion.net/player/player.swf' width='250' height='30' bgcolor='CCFFFF' allowscriptaccess='always'allowfullscreen='true' flashvars='file=http://pmatunes.com/wp-content/uploads/2008/10/06-lady-gaga-poker-face1.mp3&skin=http://www.mp3fusion.net/player/snel.swf'/><br><a href='http://www.mp3fusion.net/mp3_search/Lady_Gaga_-_mp3.html' target='_blank'>

 

[tanboonlock]

it is still rated AAA

 

[tonychat]

Temasek will never go pok kai like the GIC.
4 million sinkies to suck everyday.

Let me rephrase this:

4 million sinkies who are willing to let them sucked everyday. and even thank them for sucking. WAHAHAHAH!!!!

 

[Communist]

oh my god, these scholars, spend years in US ivy league come out with these kind of shit posters.
what a fxxking disgrace.

That's a picture of a stunted tree sprayed green! And that can only come from the head of a top notch ideas man designer!

 

[slohand2]

Why need to sell bond. Use CPF money let the CPF account holder get the 4.3% interest rate/annual.

Maybe CPF already dry, and hey, if u can get away with 2 pct why pay the singkees 4.3. U think this is high? Their first tranche of was done at 5.75.

When we think of Dubai, images of the man made Palms resort and the world, another high profile reclaimed piece of real estate, oil rich Mid East country, well they are swimming in debt, 56 billion USD.
Breaking news....
DUBAI/NEW YORK (Reuters) - Dubai said on Wednesday two of its flagship firms planned to delay repayment on billions of dollars of debt as a first step toward restructuring Dubai World, the conglomerate that spearheaded the emirate's breakneck growth.

Why do we need to raise 5 billion USD ? To invest ? A prudent investor will have to liquidate other parts of their portfolio and do a reshuffle. After all we boast of hundreds of billions. God Bless us

 

[chewed]

pok kai you very happy is it?

they have already parked their millions off shore whereas you're stuck with holding the hot potato here.

 

[denzuko1]

There are reasons for the Garment to use the reserve, and it is definitely for the good of the country.

 

[Debonerman]

Bump....bump.......bump!

 

[Sun Wukong]

Bump....bump.......bump!

Oh really????