Australian Pipeline Trust (APA) said it has successfully raised A$61.7 million through an institutional placement of 24.5 million new ordinary units at an issue price of $2.52 per unit. The equity raising was part of the funding package for the acquisition of CMS’s Energy Corporation’s interest in the Goldfields and Parmelia pipeline assets in Western…
AUSTRALIA: Australian Pipeline Trust completes placement to raise A$61.7 million
Posted on August 11, 2004 by EnergyAsia