Cases & Deals

Temasek Holdings subsidiary completes $260 million subscription of Convertible Preferred Stock in FTS International

Clients Temasek Holdings (Private) Limited

Jones Day advised Maju Investments (Mauritius) Pte Ltd, a subsidiary of Temasek Holdings (Private) Limited, in connection with its subscription of US$260 million of Series A Convertible Preferred Stock of FTS International, Inc., the fourth-largest provider of oil and natural gas well stimulation services in the United States with expertise in high-pressure hydraulic fracturing, and services the E&P industry in numerous shale plays across the United States.

Temasek, an Asian investment company, headquartered in Singapore, has a diversified S$186 billion (US$133 billion) portfolio, with investments across the world, including energy investments in Asia, the United States and South America.