about 12 years ago
Karoon has negotiated key commercial terms for a US$100 million bridge facility with National Australia Bank. This facility will be used to fund operational cashflow requirements prior to the receipt of US$600 million proceeds from the sale of Karoon’s Browse Basin permits, WA-315-P and WA-398-P, to
Karoon has negotiated key commercial terms for a US$100 million bridge facility with National Australia Bank.
This facility will be used to fund operational cashflow requirements prior to the receipt of US$600 million proceeds from the sale of Karoon’s Browse Basin permits, WA-315-P and WA-398-P, to Origin Energy.
[mappress] Press Release, June 12, 2014
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