Cases & Deals

Temasek Holdings subsidiary completes CAD$310 million subscription of 5% Senior Secured Convertible Bonds issued by Niko Resources Limited

Clients Temasek Holdings (Private) Limited

Jones Day advised Maju Investments (Mauritius) Pte. Ltd. ("Maju"), a wholly owned subsidiary of Temasek Holdings Pte Ltd., in connection with the subscription of CAD$310 million (US$300 million) of 5% Senior Secured Convertible Bonds due 2012 issued by Niko Resources Limited, a leading international oil and gas exploration company. The debentures mature in three years and carry a coupon rate of 5% per annum, with a conversion price of CAD$110.50 per share.