Origin Energy announced the successful completion of the ?500 million (approximately US$646 million) seven year medium term notes (Notes) issue under its Euro Medium Term Note Program, which was announced on 3 October 2012.
The Notes will be issued by Origin Energy Finance Limited (a subsidiary of Origin).
Origin Executive Director, Finance and Strategy, Ms Karen Moses said, ?Origin continues to focus on managing the maturity of its existing debt facilities, and the proceeds from the issue of Notes will be applied to the refinancing of existing debt and used to fund Origin?s cash contribution to Australia Pacific LNG.?
LNG World News Staff, October 12, 2012
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Source: http://www.lngworldnews.com/origin-closes-eur-500-million-notes-australia/
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