Ori­gin happy with gear­ing

Townsville Bulletin - - Investor -

ORI­GIN En­ergy Ltd says it’s com­fort­able with its debt lev­els af­ter an­nounc­ing it will is­sue $ 2.3 bil­lion in new shares to re­fi­nance some of the debt used for its ac­qui­si­tion of NSW elec­tric­ity as­sets.

The com­pany also said it would con­sider more cap­i­tal rais­ings to fund its $ 35 bil­lion Aus­tralia Pa­cific liq­ue­fied nat­u­ral gas ( APLNG) pro­ject.

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