DUBAI Jan 9 Saudi Arabia's ACWA Power
IPO-ACWA.SE will issue a $1 billion bond in February, Chairman
Mohammed Abunayyan told reporters on Monday.
The water and power plant developer had announced its debt
raising plans in November, but postponed the bond because of
"timing contsraints and requests from investors for more time to
evaluate the proposed offering," according to a document issued
by the lead arrangers in December.
ACWA has mandated Jefferies, Citi, CCB Singapore, Mizuho and
Standard Chartered to arrange the bond.
(Reporting by Katie Paul; writing by Davide Barbuscia; edting
by Louise Heavens)