Business Services Industry
Shearwater gears up to finance Aquila.
Australasian Business Intelligence, August, 2003
Aug 17, 2003 (The Australian Financial Markets Newsletter - INSTO - ABIX via COMTEX) -- The financing of one of the most complex deals of the year looks set to galvanise the domestic market. The sale of the Australian assets of Aquila involves three buying entities all under the umbrella of Project Shearwater. Project leads Citigroup and Westpac Bank are believed to be in discussions with Energy Partnership, United Energy and Alinta regarding a range of financing options, including bonds, with the idea of finalising the deal by the end of August 2003.
Publication Date: 15 August 2003
AQUILA INCORPORATED:
CITIGROUP PTY LTD:
WESTPAC BANKING CORPORATION - ASX
WBC:
ENERGY PARTNERSHIP PTY LTD:
UNITED ENERGY LIMITED:
ALINTA LIMITED - ASX ALN
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