(IPR.L) International Power PLC Buy/Sell

LONDON, Oct 30 (Reuters) - Power generation company International Power said on Friday it had completed a 235 million pound ($386.4 million) refinancing for its 687 kilometre SEA gas pipeline in Australia.
The London-listed company owns 33.3 percent of the pipeline, which transports gas from Victoria to South Australia, while Retail Employees Superannuation Trust and Australian Pipeline Trust, a unit of APA Group, each own a third.

The banks providing the new facility, which matures in 2012, are Australia and New Zealand Banking Group, Commonwealth Bank of Australia, WestLB, National Australia Bank, Fortis Bank, Oversea-Chinese Banking Corporation and Investec Bank , International Power said.
Shares in International Power were up 0.3 percent at 256.8 pence by 0803 GMT, broadly in line with the index of leading shares.

(Reporting by Paul Sandle) ($1=.6081 Pound) Keywords: INTERNATIONAL POWER/

(paul.sandle.reuters.com@reuters.net paul.sandle@reuters.com; +44 20 7542-6843)

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