Envestra taps US PP market again 15 February 2010 5:49PM Philip Bayley The only offshore issuance activity seen last week came from Envestra Limited. Envestra advised the ASX that it has raised US$150 million in the traditional private placement market in the US, in a single tranche for 17 years. Envestra has between now and July to draw down the funds, which are supplied by a small group of life insurance companies.This is not the longest dated issue that Envestra has done. It raised US$50 million in the same market for thirty years in September 2003.