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Santos Limited ( (AU:STO) ) has shared an update.
Santos Limited has successfully priced a US$1 billion senior unsecured fixed rate bond in the US dollar Rule 144A/Reg S market, with a 5.75% coupon maturing in November 2035. This transaction, supported by strong debt capital market backing, aims to maintain Santos’ robust balance sheet and liquidity, enabling disciplined growth and strong returns for shareholders.
The most recent analyst rating on (AU:STO) stock is a Hold with a A$6.76 price target. To see the full list of analyst forecasts on Santos Limited stock, see the AU:STO Stock Forecast page.
More about Santos Limited
Santos Limited is a leading energy company primarily engaged in the exploration, development, production, and marketing of natural gas and oil. The company focuses on delivering sustainable energy solutions and holds a diversified portfolio of high-quality assets across various regions.
Average Trading Volume: 14,892,482
Technical Sentiment Signal: Sell
Current Market Cap: A$20.54B
For detailed information about STO stock, go to TipRanks’ Stock Analysis page.