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Published on 8/16/2022 in the Prospect News Emerging Markets Daily.

New Issue: Solar United sells $70 million 8 1/8% notes due 2025

By Mary-Katherine Stinson

Lexington, Ky., Aug. 16 – Solar United Network Pte. Ltd. issued $70 million 8 1/8% notes due 2025, according to a notice.

The notes will be listed on the Singapore Exchange effective Aug. 17.

Under the company’s S$250 million medium-term note program, Mandiri Securities Pte. Ltd. is listed as the arranger.

Solar United is an integrated solar energy solutions provider based in Singapore.

Issuer:Solar United Network Pte. Ltd.
Amount:$70 million
Issue:Notes
Maturity:Aug. 16, 2025
Arranger:Mandiri Securities Pte. Ltd.
Trustee:Bank of New York Mellon, London Branch
Counsel to underwriter:Latham & Watkins LLP
Coupon:8 1/8%
Issue date:Aug. 16
Settlement date:Aug. 17
ISIN:XS2514532683

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