Australian energy firm SP AusNet (SPN.AX) (SPAU.SI), part owned by Singapore Power, has priced A$300 million ($257 million) of 7.5-year notes at 160 basis points over swap to refinance debt, it said on Thursday.
The offer, launched as a A$200 million size deal but capped at A$300 million, paid a slighly lower margin than initially expected at around 165 bps.