News: SKI Spark Infrastructure Group says Victoria Power Networks to place 10-yr bonds

Feb 15 (Reuters) - Spark Infrastructure Group (SKI) :

• Victoria Power Networks (Finance) as common funding vehicle for Victoria Power Networks reached agreement with investors
• Agreement with investors to place a further HKD$600 million of 10-year bonds, maturing in February 2027
• Terms of issue are same as successful placement of HKD$1.75 billion of 10-year bonds with hong kong investors announced on 13 Feb
• Total proceeds raised from the placement equate to approximately A$102 million
• Funds will be applied to refinance pending debt maturities in July 2017