Dark clouds move over Origin

MOODY'S has placed Origin Energy's rating on review, indicating it is considering a downgrade over doubts about the oiler's finances over the next 12-18 months and Australia Pacific LNG's ability to be self-funding in a continually deteriorating oil price environment.

25 January 2016
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The agency's announcement came hours after Origin managing director Grant King said on Friday morning that there were "no financial covenants or conditions to draw down under Origin's existing debt

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