New Issue-SP PowerAssets issues S$280mln 12yr bond

. SINGAPORE, August 08 (Reuters) - Following are terms and conditions of a bond to be issued on August 18, 2008

Borrower SP PowerAssets Ltd

Form of debt Fixed Rate, Global MTN

Issue Amount S$280 million

Coupon 4.665% pa semi-annual

Issue Date August 18, 2008

Maturity Date August 18, 2020

Coupon Payment Date 18 February and 18 August

Commencing on 18 February 2009

Denominations S$250,000

Lead Manager(s) DBS Bank and OCBC Ltd

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where assigned, and hit F9 on Reuters terminals.

Data supplied by International Insider.