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AUSTRALIA

Caltex looks for cash injection

UNIONS may have railed against the restructure of Caltex's Kurnell refinery in New South Wales bu...

James McGrath
Caltex looks for cash injection

It will seek to raise the money through the sale of hybrid securities to fund the conversion of the Kurnell refinery into an import terminal, while retaining its BBB+ credit rating. The notes have a...

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