Temasek sells $650 million bonds exchangeable for Standard Chartered shares

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

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