Santos denies need to raise equity

Written by  Anja Karl
Tuesday, 18 August 2015
Free Read

Aug 18 - Though Santos' share price has fallen to an 11-year low, the Australian developer of the GLNG project stressed it has "no current intention" of raising equity to prop up its balance sheet. "Santos retains ample liquidity, with over $2 billion in cash and undrawn facilities currently available," the company said in a statement to the ASX.

Rate this item
(0 votes)

Related Video

Free Read