Not a financier but 4.15% fixed for 10yrs for a major part of outstanding debt sounds pretty damn good. Seems they'll be saving bucketloads on interest vis current terms.
Upshot is that's another feather in STO's that that confidence is being reinstated.
Looking pretty damn good lately.
Hesitant to pull out the "Toot Toot" posts just yet...it is O&G after all...hmmm...but thinking this ann should keep Mr Market well pleased...
“The company’s focus remains on debt reduction and we are on track to achieve our target of US$2 billion in net debt by end of 2019.”
I'm even thinking that the above target might well get smashed...Macca's is starting to look to me like one of those CEO's that understates and over delivers. Been thinking this a while now...
Ann: Santos successfully prices US$800m 10-yr Reg-S bond offering, page-2
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Last
$7.68 |
Change
-0.010(0.13%) |
Mkt cap ! $24.94B | |||
| Open | High | Low | Value | Volume |
| $7.70 | $7.78 | $7.67 | $58.69M | 7.605M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18648 | $7.68 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.69 | 18584 | 2 |
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| Last trade - 16.10pm 03/07/2024 (20 minute delay) ? |
| STO (ASX) Chart |