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APA GROUP — Capital/Financing Update 2011
Jun 30, 2011
64398_rns_2011-06-30_1663aa5f-3fb7-4428-bb85-1829c60baa8d.pdf
Capital/Financing Update
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ASX RELEASE
1 July 2011
The Manager
Company Announcements Office Australian Securities Exchange 4[th] Floor, 20 Bridge Street Sydney NSW 2000
Electronic Lodgement
Dear Sir or Madam
Company Announcement
I attach the following announcement for release to the market:
- APA refinances bilateral debt facilities
Yours sincerely
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Mark Knapman Company Secretary
1 July 2011
ASX RELEASE
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APA refinances bilateral debt facilities
APA Group (ASX:APA), Australia’s largest natural gas infrastructure business, today announced that it has successfully refinanced $165 million of bilateral debt facilities which were due to mature in July 2011.
APA renewed three existing bilateral bank facilities with each new facility providing a commitment of $75 million, totalling $225 million. The new facilities have a term of just over three years, maturing in mid July 2014.
The new facilities will be used for general corporate purposes.
All of APA’s debt maturities until June 2012 are now fully repaid or refinanced.
For further information please contact:
Investor enquiries: Media enquiries: Chris Kotsaris Matthew Horan Investor Relations APA Group Cato Counsel Telephone: (02) 9693 0049 Telephone: (02) 9212 4666 Mob: 0402 060 508 Mob: 0403 934 958 Email: [email protected] Email: [email protected]
About APA Group (APA)
APA is Australia’s largest natural gas infrastructure business, owning and/or operating more than $8 billion of gas transmission and distribution assets. Its pipelines and assets span every state and territory on mainland Australia, delivering more than 50% of the nation’s gas usage. Unique amongst its peers, APA has direct management and operational control over its assets and the majority of its investments. APA also holds minority interests in energy infrastructure enterprises including Envestra, SEA Gas Pipeline, Hastings Diversified Utilities Fund and Energy Infrastructure Investments.
For more information visit APA’s website, www.apa.com.au
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