AUSTRALIA

Santos secures $1b facility

SANTOS has secured an additional $1 billion bilateral bank facility with ANZ Banking Group after Macquarie Wealth Management said the oiler could scrape through without raising equity.

Blair Price

Santos shares have taken hits not only from the oil price tumble but also from a Standard and Poor's move to downgrade Santos's credit rating from BBB+ to BBB. Santos said the new facility with ANZ would...

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