Saudi Arabia's water and power plant developer, ACWA Power, will issue a USD1bn bond in February, Chairman Mohammed Abunayyan said. ACWA had announced its debt raising plans in November, but postponed the bond because of timing constraints and requests from investors for more time to evaluate the proposed offering. Jefferies, Citi, CCB Singapore, Mizuho and Standard Chartered are the arrangers of the bond. (Reuters)
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