by Amruth Sundarkumar | Sep 7, 2022 | Investment Grade Bonds
High duration and long-tenor dollar bonds of companies rated in the AAA to A bracket, the top-tier of the credit rating bucket, saw their prices top the losers list yesterday. These included bonds of companies like AT&T, Amazon, Alphabet, Temasek, Pepsico etc....
by Amruth Sundarkumar | Aug 17, 2022 | Corporates, Global
Singapore-based state-owned investment company Temasek Holdings’ equity portfolio has reduced the most since 2004 as it booked some profits and incurred losses on US stocks such as Amazon, Airbnb, Blackrock, and PayPal while holdings in Chinese stocks such as...
by Amruth Sundarkumar | Jun 7, 2022 | Singapore Dollar Bonds
Singapore based global investment company Temasek has announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonization globally. To launch the company, Temasek has committed an amount of S$5bn ($3.6bn) as its...
by Amruth Sundarkumar | May 20, 2022 | Investment Grade Bonds, Singapore Dollar Bonds
The Class A-1 notes are rated A+/A+ (S&P/Fitch), while the Class A-2 notes are rated A by Fitch and the Class B notes at BBB+ by Fitch. The bonds have a 100bp step-up if the call is not exercised. The Class A-1 notes are split between a S$246mn institutional...
by Amruth Sundarkumar | May 9, 2022 | Singapore Dollar Bonds
Temasek’s indirect subsidiary Azalea has launched an Astrea 7 bond backed by 38 Private Equity (PE) funds. The size of the transaction is about $755mn or S$1.05bn, ~39.6% of its underlying PE portfolio valued at $1.9bn. The issuance is expected to have three...
