Nov 12 (Reuters) - Santos Ltd STO.AX :
* Offer Price Of $3.85 (Not $4.60)
* santos completes institutional entitlement offer sto.ax
* offer to raise gross proceeds of approximately $2.5 billion
* institutional entitlement offer shortfall bookbuild cleared at $4.60
* Source text for Eikon ID:nASXWrN2R