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New Issue: SP AusNet prices HK$400 million of 15-year bonds
By Angela McDaniels
Tacoma, Wash., Aug. 9 - SP AusNet priced HK$400 million of bonds due August 2027, according to a company news release.
The proceeds will be used to refinance existing debt and to fund capital expenditures.
This is the company's fourth bond issue involving the Asian market in the last 12 months, chief financial officer Geoff Nicholson said in the release.
SP AusNet provides electricity and gas and is based in Southbank, Australia.
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