Temasek unit makes public offer for $132m retail private equity bonds

A woman passes a logo of state investor Temasek Holdings at their office in Singapore July 8, 2014. REUTERS/Edgar Su

Azalea Investment Management, a unit of Singapore state investor Temasek,  has made a public offer for $132 million (S$180 million) Class A-1 private equity (PE) bonds – part of Astrea V PE Bonds – at a fixed interest rate of 3.85 per cent each year.

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