The company is considering the offer of unsecured, unsubordinated, fixed-rate bonds maturing on August 5, 2024.
Marko Bogoievski said the A$392 million transaction had been due to complete late in July,
Utilico Investments has continued to sell shares in infrastructure investment firm Infratil.
The deal values CDC's equity at $A816 million.
Trustpower's annual revenue includes about $25 million of avoided cost of transmission payments.
UPDATED: The company is sitting on cash of almost $730 million and unused credit lines of about $270 million.
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