Canada's Platmin to sell $100 mln debenture to Temasek unit

Reuters Canada, 29 Mar 2010
(Reuters) - Canada's Platmin Ltd (PPN.TO: Quote) agreed to sell a $100 million convertible debenture to a unit of Temasek Holdings TEM.UL, giving the Singapore sovereign wealth fund the right to nominate a board member.
The non-interest bearing secured debenture will have a maturity date of December 31, 2010, and will be convertible at a price of C$1.25 ($1.215) per common share, the company said. Full Story

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