STO 2.05% $6.96 santos limited

News: STO Santos prices US$800 mln 10-year Regulation S bond offering

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    Sept 8 (Reuters) - Santos Ltd (STO)

    • Santos successfully prices US$800m 10-year REG-S bond offering
    • Bonds have been priced at a fixed coupon of 4.125%, for a period of 10-years, maturing on 14 September 2027
    • Use of proceeds from bonds will include general corporate purposes and debt refinancing.
    • On track to achieve target of US$2 billion in net debt by end of 2019
 
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