SYDNEY (Standard&Poor's) March 2, 2012--Standard&Poor's Ratings Services today said that it had assigned its 'A-' long-term rating to ETSA Utilities Finance Pty Ltd.'s (A-/Stable/NR) A$200 million senior unsecured medium-term notes issue. The notes have been issued under ETSA Utilities Finance Pty Ltd.'s existing A$1 billion medium-term notes program, and form the second series under that program. ETSA Utilities Finance Pty Ltd. is the financing arm of ETSA Utilities (collectively ETSA). The fixed-rate senior unsecured notes have been issued with a coupon of 6.25% and a tenor of 5.5 years. The proceeds of the bond issue will mainly be used to partially fund ETSA's capital-expenditure requirements for around the next 12 months. The 'A-/Stable' corporate credit rating
