Singapore Power Unit Sells A$500 Million of 7% Bonds

BusinessWeek, 30 Jul 2010
July 30 (Bloomberg) -- SPI (Australia) Assets Ltd., a unit of Singapore Power Ltd., sold A$500 million ($451 million) of 7 percent five-year notes, according to data compiled by Bloomberg.
Standard & Poor’s rated the notes A-, the seventh-highest grade, while Moody’s Investors Service graded them an equivalent A3, Bloomberg data show. Full Story