Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 23-Nov-15

Retail investors will be offered shares in Santos at $A3.85 apiece in the oil and gas producer’s entitlement offer. Santos is seeking to raise $A1.375bn from retail investors and $A2.5bn overall. The rights issue is part of a broader strategy aimed at reducing group debt. Neil Beveridge of Bernstein suggests that Santos could attract another private equity buyer, after the group rebuffed a bid from Scepter Partners in October 2015.

CORPORATES
SANTOS LIMITED – ASX STO, BERNSTEIN AND ASSOCIATES, SCEPTER PARTNERS, HONY CAPITAL LIMITED, BLOOMBERG LP