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BRIEF-Origin Energy updates on shareholder guarantees related to Australia Pacific LNG's project

Published 31/10/2016, 05:23 pm
© Reuters.  BRIEF-Origin Energy updates on shareholder guarantees related to Australia Pacific LNG's project
ORG
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Oct 31 (Reuters) - Origin Energy Ltd ORG.AX :

* Origin energy says US$5.1 billion of shareholder guarantees relating to Australia Pacific LNG's us$8.5 billion project finance facility had been released

* As 37.5% shareholder in Australia Pacific LNG, amount of project finance facility guaranteed by Origin reduced by US$1.9 billion to US$1.3 billion

* Release of remaining US$3.4 billion in project finance guarantees following completion of lenders' tests for project's second production train Source text for Eikon: Further company coverage: ORG.AX

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