Origin Energy Limited
(ASX:ORG) has successfully completed a $US646 million seven year medium term note issue.
The notes will be issued by subsidiary Origin Energy Finance and will be guaranteed by Origin and other subsidiaries.
Origin successfully priced the medium term notes earlier this month and they are expected to mature in October 2019.
Origin executive director Karen Moses says the proceeds from the notes issue will be used for the refinancing of existing debt and used to fund Origin’s cash contribution to Australia Pacific LNG project.
Origin Energy Limited
(ASX:ORG) posted a full year net profit of $1 billion.
