ETSA Utilities launches a five-year FRN in addition to its seven-year domestic benchmark

Thursday, 17 August 2017

ETSA Utilities Finance (ETSA Utilities), guaranteed by SA Power Networks (A/A3), launched a minimum A$100 million (US$79.3 million), five-year floating-rate note (FRN) issue on 17 August, with price guidance of 105 basis points area over bank bills.