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.

Dark clouds move over Origin Dark clouds move over Origin Dark clouds move over Origin Dark clouds move over Origin Dark clouds move over Origin

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

loader