Temasek backs Sembcorp Industries' $1.1b bond issue

Temasek backs Sembcorp Industries' $1.1b bond issue

REUTERS/Edgar Su

Sembcorp Industries‘ S$1.5 billion ($1.1 billion) bond issuance aimed at strengthening the financial position of its marine and offshore engineering subsidiary Sembcorp Marine has found backers that include Temasek Holdings, the company said in a disclosure.