LNG (LIQUIFIED NATURAL GAS)

Santos completes $3B capital raising

SANTOS has completed its retail entitlement offer, the final phase of its $3 billion accelerated non-renounceable pro rata entitlement offer, raising $1.2 billion to help fund the company's growth projects including the Gladstone LNG project.

Marija Stojkovic

The company said it received valid applications for about $1.1 billion worth of shares under the retail entitlement offer, which was fully underwritten, and would scale back applications for additional...

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