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GIC
abbreviation for
- Guaranteed Investment Certificate: a form of investment that earns interest but is guaranteed not to incur loss
Example Sentences
Should the deal close, the consortium will divide up Origin, with Brookfield and its partners GIC and Temasek taking the power generation and retailing business.
Should the deal close, Brookfield and its partners GIC and Temasek will own Origin's Energy Markets business, which includes power generation and retailing.
Should the deal close, Brookfield and its partners GIC and Temasek will own Origin's Energy Markets business, which includes power generation and retailing.
Last week Reuters reported that Singapore's sovereign wealth fund, GIC, was among investors vying to buy a stake of up to 20% in rival grocer Bach Hoa Xanh, in a deal that could value the grocery chain at up to $1.7 billion.
Cinven this month signed an accord with GIC, Singapore's sovereign fund, and another two investors to purchase from them 140 million euros of Tier2 Eurovita bonds, the source added.
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