EduBourseActualitésOrigin raises $1.54 billion from an underwritten syndicated credit facility

Origin raises $1.54 billion from an underwritten syndicated credit facility

Origin Energy Limited (“Origin”) is pleased to announce that it has raised $1.54 billion including oversubscriptions of $420 million from the syndication of its underwritten 3-year credit facility (“Facility”) announced on 11 February 2008.

Origin will pay a margin of 65 basis points per annum above the applicable base rate for each tranche of the Facility.

The Facility is structured on a senior unsecured basis and comprises A$1.32 billion of revolving and term tranches and a US$200 million revolving tranche.

Commenting on completion of the Facility, Origin’s Chief Financial Officer Frank Calabria said “Origin is very pleased with the support received from a range of domestic and international banks. The Facility will be used along with cash flows and existing facilities to fund Origin’s previously announced growth capital expenditure requirements, including power generation projects and ongoing coal seam gas developments.”

For further information please contact:

Angus Guthrie
Manager Investor Relations
Origin Energy
Ph: 02 8345 5558
Mobile: 0417 864 255

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.