07 November 2016

Multinet Gas refinances $300 million of term debt

The financing vehicle in the Multinet Gas group of entities, has reached contract close on a $300 million, seven year bank debt facility.

Energy Partnership (Gas) Pty Limited (EPG), the financing vehicle in the Multinet Gas group of entities, has reached contract close on a $300 million, seven year bank debt facility.

This facility will fund the repayment of debt maturing in July 2017, after which EPG’s next debt maturity is December 2018. 

Multinet Gas Chief Executive Officer, Tony Narvaez said “we are very pleased to have completed this inaugural transaction with a syndicate of Japanese banks on competitive terms and which provides us with a new future source of funding.”

Media enquiries:
Samantha Porter
Multinet Gas
M  (0418) 307 139