Asia-Pacific LNG export player Santos launches A$1.5 billion financing as part of overhaul
Tuesday, 20 December 2016
Our Asia-Pacific editor
Santos, the stakeholder in three Asia-Pacific LNG export joint ventures, said it planned to raise A$1.5 billion (US$1.12Bln) in a placement and share purchase plan after becoming the second Australian company to announce a break-up involving LNG assets to continue to weather the global slump in energy markets and reduce debt.
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