AUSTRALIA

Beach renegotiates debt

AS IT seeks to consummate its merger with Drillsearch Energy, Beach has started to get its house in order with a $530 million senior secured syndicated corporate debt facility to replace existing lending arrangements.

Haydn Black

The facility will initially be drawn to $170 million to refinance current borrowings and letters of credit, with remaining headroom available for capital expenditure programs, working capital requirements...

Start a free trial to continue reading this article

Already have an account? Sign in here

Subscribe now

POLICY

Five year opportunity for WA onshore gas producers to export LNG

POLICY

WA government promises to cut through approval process red tape

POLICY

BPH, Asset and Bounty lawyer up as PEP-11 permit knock back looks likely

POLICY

Elixir chairman says Taroom Trough can make big difference in east coast gas crisis

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.