Temasek's Danamon Bank Offers Bonds to Raise Rp 2.8t

Jakarta Globe, 30 Nov 2010Bank Danamon Indonesia, which is partly owned by Singapore wealth fund Temasek, plans to issue Rp 2.8 trillion ($310.8 million) of debt next week to support its lending growth.Danamon aims to use the proceeds to boost lending to small- and medium-sized companies in Indonesia. Full story