Singapore's Temasek to meet bond investors - sources
SINGAPORE |
SINGAPORE Oct 9 (Reuters) - Singapore state investor Temasek Holdings [TEM.UL] will meet bond investors on Oct 13-14 to update them on its recent performance and outlook, sources said on Friday.
Bank of America's Merrill Lynch (BAC.N), Morgan Stanley (MS.N) and Deutsche Bank (DBKGn.DE) are arranging these meetings, one of the sources told Reuters.
"It's an investor update," said the source, adding it was not a roadshow to sell bonds. Temasek manages a portfolio of about $120 billion.
Bankers have said these "non-deal" meetings quite often result in bond issues for companies.
A Temasek spokesman said the company has a global medium term note programme and meets institutional investors on a regular basis. (Reporting by Saeed Azhar; Editing by Anshuman Daga)
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