Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 17 : 15-Dec-16

Australian-listed oil and gas producer Santos will issue new shares at $A4.06 apiece in a $A1.5bn equity raising. It will comprise a $A1.04bn institutional placement and a $A500m share purchase plan for existing shareholders. Santos had previously raised some $A3bn in late 2015. Santos recently revealed plans to shift non-core assets to a separate division in order to focus on its key projects. The group’s shares closed at $A4.41 on 14 December 2016.

CORPORATES
SANTOS LIMITED – ASX STO, DEUTSCHE BANK AG, MORGAN STANLEY AUSTRALIA LIMITED, ALPHINITY INVESTMENT MANAGEMENT PTY LTD, JB NORTH AND COMPANY PTY LTD