PowerSeraya debuts in Singapore bond market

The Singapore generating company garners huge demand despite questions over future ownership.
September 23, 2003

PowerSeraya, one of the three generating companies spun off from Singapore Power, closed its inaugural Singapore dollar bond yesterday. The company raised S$350 million ($195 million) for seven years at 80bp over the swap offered rate (SOR), up from the original targeted size of S$250 million.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media