OIL & GAS
ASX-listed Cooper Energy on Tuesday announced a final investment decision (FID) for the A$533-million Sole gas project, offshore Victoria, after securing a fully underwritten finance package.
The finance package includes a A$250-million senior secured bank debt facility underwritten by Australia and New Zealand Banking Group and Natixis, a A$15-million senior secured working capital facility, and a fully underwritten accelerated non-renounceable entitlement offer that will raise some A$135-million.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
