13 June 2016
Multinet Gas completes $185 million bank debt facility
Energy Partnership (Gas) Pty Limited (EPG)* has reached contract close on the execution of a term debt bank facility for $185m.
Facility Description | Tenor | Facility Limit | Maturity Date |
Working Capital Facility | 3 years | A$40m | June 2019 |
Capital Expenditure Facility | 3 years | A$95m | June 2019 |
Term Bank Debt Facility |
5 years | A$50m | June 2021 |
After financial close of this transaction, EPG’s next term debt maturity will be July 2017.
Media enquiries:
Samantha Porter
Multinet Gas
M (0418) 307 139