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Australia's gas pipeline APA says may issue bonds to refinance debt
[SYDNEY] Australian gas pipeline giant APA Group said it may consider selling bonds in international markets to refinance short-term loans following the A$550 million (S$568.75 million) acquisition of a power station.
The timing and amount of any issues, however, would depend on market opportunities, APA's General Manager Capital Markets Ian Duncan told Reuters on Wednesday.
"If we see terms and prices that are appropriate, we may look to term out debt, but there is nothing approved or decided," he said.