Saudi Arabia's ACWA Power has mandated banks to arrange investor meetings ahead of a potential USD bond issue, according to a document sent by the energy company to investors and seen by Reuters. The company is considering issuing a senior secured 144A/Reg S bond of benchmark size, which traditionally means more than USD500mn. The proceeds will be used for the prepayment of certain existing equity bridge and subordinated loan facilities, and for general corporate purposes of the ACWA Power Group, the document said. Jefferies, Citi, CCB Singapore, Mizuho and Standard Chartered Bank will arrange fixed-income investor meetings in Asia, Europe and the United States starting from 24 November. Two teams of ACWA's representatives will meet investors from 24 November to 1 December. (Reuters)