Business Services Industry
Singapore power firms plans two privatizations.
Australasian Business Intelligence, September, 2003
Sep 16, 2003 (The Asian Wall Street Journal - ABIX via COMTEX)
Two Singaporean power generation companies, Senoko Power and PowerSeraya, plan to issue bonds. According to market observers, PowerSeraya wants to raise $S250 million through an issue of seven-year bonds. The company has an option to raise the issue to $S350 million. JP Morgan and Oversea-Chinese Banking Corporation have been appointed as joint-lead managers of the issue. Senoko Power plans to raise between $S150 million and $S200 million by issuing 10-year bonds. Bond traders expects strong demand for the bonds.
Publication Date: 15 September 2003
SENOKO POWER LIMITED:
POWERSERAYA LIMITED:
JP MORGAN AND COMPANY INCORPORATED:
OVERSEA-CHINESE BANKING CORPORATION...
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