SINGAPORE (Yosefardi) – Temasek Holdings (Private) Limited has today redeemed S$500 million Zero Coupon Guaranteed Exchangeable Bonds due 2013 through its wholly-owned subsidiary, Temasek Financial (III) Private Limited.
Temasek’s bond was a zero coupon exchangeable bond issued by Temasek Financial at par in December 2011, with a maturity date of 14 December 2013.
Temasek’s new investments in other growth markets included S$374 million in exchangeable rights for shares in PT Matahari Putra Prima Tbk, a leading operator of hypermarkets in Indonesia.
Temasek also controls 67% shares of PT Bank Danamon Indonesia Tbk (BDMN) with current market capitalization of Rp61.82 trillion.