RSS Feed     Twitter     Facebook

Posts Tagged ‘singapore power’

SP PowerAssets selling $100m of 3.06% bonds due in 2022

SP PowerAssets, a unit of Singapore Power, is selling $100 million of 3.06% notes maturing in 2022, according to data compiled by Bloomberg.
 
{jcomments on}

Australia’s SPIAA prices $612m 5-yr bond

SPI (Australia) Assets Pty Limited (SPIAA), a wholly-owned unit of Singapore Power, has more than doubled a five-year bond issue to A$500 million ($612 million) and priced it at 185 bps. 

The bond sale, initially launched with a minimum size of A$200 million at 180-185 bps, will help refinance bank loans. 

Read more…

SPI (Australia) assets’ US$4b notes program rated A- by S&P

SPI (Australia) Assets, a unit of Singapore Power, had its US$4 billion ($5.62 billion) medium-term note program rated A- by Standard & Poor’s, according to an e-mailed statement from the risk assessor.

The senior unsecured notes program will reduce the company’s “heavy reliance on bank debt,” S&P’s statement said.

 
{jcomments on}

SP AusNet prices A$300m 7.5-year bond at 160 basis points

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. 

Read more…

SP AusNet seen pricing A$300m 7.5-year bond funds

Australian energy firm SP AusNet (SPN.AX) (SPAU.SI), part owned by Singapore Power, has indicated to investors it is set to price A$300 million ($386 million) of 7.5-year notes at 160 basis points over swap, two fund managers who have been contacted by a joint lead said on Thursday. 

Read more…

Calyon, Maybank said to lend YTL $400m for PowerSeraya

Calyon and Maybank Investment Bank Bhd. will lend at least $400 million to YTL Power International Bhd. to help fund its purchase of PowerSeraya, said two people familiar with the matter.

The banks committed $200 million each and two more lenders may join them, said the people, who asked not to be identified as the negotiations are private.

DBS Group Holdings is syndicating a $2.25 billion, three-year credit line it agreed to give YTL in December after the Malaysian utility bought Singapore power generator PowerSeraya from Temasek Holdings for about $3.8 billion.

{jcomments on}