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Origin Energy Limited (ASX:ORG) has announced the successful pricing and allocation of a €1 billion hybrid capital issuance.The energy producer expects the hybrid will be awarded 50 per cent equity credit for ratings purposes from Standard & Poor's and Moody's.Origin says the issuance of these hybrid securities will complete the company’s financing associated with the acquisition of interests in two exploration permits.The company last month tied-up the purchase of permits located in Western Australia's Browse Basin from Karoon Gas Australia Limited (ASX:KAR).Origin will deploy additional funds raised to general corporate purposes.Origin Energy boosted its net profit to $638 million in the 2014 financial year.
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Last
$12.55 |
Change
0.140(1.13%) |
Mkt cap ! $21.62B | |||
| Open | High | Low | Value | Volume |
| $12.70 | $12.87 | $12.50 | $84.90M | 6.752M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40 | $12.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.61 | 2872 | 1 |
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| Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
| ORG (ASX) Chart |