New Issue-SPI Electricity & Gas prices 350 mln euro 2024 bond

Fri, 31 Jan - 10:44pm

Jan 31 (Reuters) -Following are terms and conditions

of a bond priced on Friday.

Borrower SPI Electricity & Gas Australia Holdings Pty Ltd

Guarantor SPI Networks (Gas) Pty Ltd, SPI Networks Pty Ltd,

SPI Electricity Pty Ltd, SPI PowerNet Pty Ltd,

SPI Australia Finance Pty Ltd Href="NewsSearch">TXEFHW.UL Href="NewsSearch">SINGPN.UL

Href="NewsSearch">SINGPF.UL

Issue Amount 350 million euro

Maturity Date February 13, 2024

Coupon 3.0 pct

Reoffer price Par

Yield 3.0 pct

Spread 110.2bp

Underlying govt bond Over Mid Swap, equivalent to 143.1bp

Over the August 2023 DBR

Payment Date February 13, 2014

Lead Manager(s) Barclays, Citi & UBS

Ratings A3 (Moody's)

Listing Australia

Full fees Undisclosed

Denoms (K) 100-1

Governing Law English

Notes Launched under issuer's EMTN programme

ISIN XS1030143447

Security details and RIC, when available, will be

on Z14U

Customers can right-click on the code for

performance analysis of this new issue

For ratings information, double click on RRS0001

For all bonds data, double click on BONDS

For Top international bonds news TOP/DBT

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)

((EMEA Fixed Income Desk Bangalore; zara.mascarenhas@thomsonreuters.com;

Reuters Messaging zara.mascarenhas.reuters.com@reuters.net;

+91 80 6677 2510, fax +44 20 7542 5285))

URN: 
urn:newsml:reuters.com:20140131:nL3N0L5464:4
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