ASIA WATER NEWS BRIEF
- From: Vol 11, Issue 7 (July 2010)
- Category: Brief
- Region: Asia
- Country: China and Singapore
- Related Companies: IDE Technologies, Kemira/ Kemwater, Moya Dayen, SembCorp Utilities and Sound Group
Singapore’s national water agency PUB launched a S$400 million (US$290 million) 12-year bond issue in early July, carrying a 3.012% coupon.
DBS Bank acted as the lead manager of the issue, the proceeds from which will be used to refinance a previous issue which matures in August 2011.
* Sembcorp Industries completed its initial tender offer for Cascal on 8th July, paying $191.7 million for a stake of approximately 92.26%. If Sembcorp ends up owning at least 95% of the ...
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