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Published on 12/23/2011 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

SP PowerAssets calls remaining S$200 million of series 006 notes

By Marisa Wong

Madison, Wis., Dec. 23 - SP PowerAssets Ltd. said it will redeem S$200 million of its series 006 floating-rate notes due 2012.

The notes will be redeemed on Jan. 31 at par.

The company originally issued S$400 million of the notes in 2005 under its S$8 billion global medium-term note program. Following the redemption, no series 006 notes will remain outstanding.

Based in Mapletree Business City, Singapore, SP PowerAssets is a member of Singapore Power Group, which provides electricity and gas transmission and distribution services.


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