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Published on 6/3/2021 in the Prospect News Emerging Markets Daily.

New Issue: SGSP (Australia) sells HK$900 million 1.44% notes due 2027

By William Gullotti

Buffalo, N.Y., June 3 – SGSP (Australia) Assets Pty. Ltd. sold HK$900 million of 1.44% notes due Jan. 4, 2027, according to a listing notice with the Stock Exchange of Hong Kong, Ltd.

The lead manager and bookrunner is Westpac Banking Corp.

The listing is expected to become effective on June 4.

The issuer is a subsidiary of State Grid International Development Australia Investment Co. Ltd. and Singapore Power International Pte Ltd. SGSP’s operating businesses are Jemena, which owns and operates a portfolio of energy assets, and Zinfra, which provides utility services.

Issuer:SGSP (Australia) Assets Pty. Ltd.
Issue:Notes
Amount:HK$900 million
Maturity:Jan. 4, 2027
Bookrunner:Westpac Banking Corp
Coupon:1.44%
Issue date:June 3
Listing date:June 4

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