SGSP from Australia enters euro market with €500m priced off sister

SGSP Jemena Yellow-Gas-Pipeline for new websit
By Jon Hay
23 Jun 2014

SGSP Australia Assets, the new name for the holding company of Jemena, the gas and electricity distribution business, issued its first bond in euros on Friday June 20.

Fomerly SPI Australia Assets, the company was renamed after State Grid Corp of China bought a 60% stake in January this year. Singapore Power International, which previously owned the whole company, retains 40%.

The firm’s main asset is Jemena, which in turn holds a string of gas, electricity ...

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