8 Aug 2008
By Patricia Kuo
Aug. 8 (Bloomberg) -- SP PowerAssets Ltd., a subsidiary of Singapore Power Ltd., the city-state's main electricity provider, sold S$600 million ($429 million) of bonds, according to an e-mail sent to investors.The company sold S$320 million of 4.19 percent seven-year bonds and S$280 million of 12-year 4.665 percent senior unsecured fixed-rate notes, the term sheet shows. DBS Group Holdings Ltd. and Oversea-Chinese Banking Corp. managed the deal.
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