Monday, 17 October 2011

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Temasek sells $650 million bonds exchangeable for Standard Chartered shares

  • Monday, 17 October 2011
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  • BusinessWeek, 18 Oct 2011
    ct. 18 (Bloomberg) -- Temasek Holdings Pte sold S$650 million ($513 million) of bonds maturing in 2014 that are exchangeable into Standard Chartered Plc shares, Temasek said in a statement to the Singapore stock exchange.
    Bondholders will be allowed to swap the zero-coupon securities into stock at a par value of $0.50 cents each, according to the release. Full story

    Related:
    Temasek Holdings To Raise Up To S$800 Million In Bond Issue - FoxBusiness.com
    Temasek offers S$650 mln bond exchangeable for StanChart - FoxBusiness.com

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