S&P GLOBAL RATINGS :

  • TEMASEK HOLDINGS 'AAA/A-1+' RATINGS AFFIRMED; OUTLOOK STABLE

  • AFFIRMED 'AAA' LONG-TERM ISSUE RATING ON TEMASEK FINANCIAL (I) LTD.'S, TEMASEK FINANCIAL (IV) PTE LTD.'S MTN PROGRAMS

  • EXPECT TEMASEK'S PORTFOLIO TO RETAIN INVESTMENT-GRADE CREDIT QUALITY AND STAY HIGHLY DIVERSIFIED

  • VIEW POTENTIAL FOR NEGATIVE PRESSURE ON SACP ARISING FROM TEMASEK'S LOAN-TO-VALUE RATIO AS LESS LIKELY