OPERATIONS

Ampol taps $500m lifeline as merger clock ticks

Fuel giant shores up balance sheet ahead of $1.1b bid for EG Group’s 500-site network

Ampol refinance after financial headwinds: Pictured: Ampol CFO Greg Barnes (left) and CEO Matt Halliday. | Credits: Ampol

Ampol is raising $500 million through subordinated notes to bolster its balance sheet and refinance debt, including $500 million of notes callable in March 2026, as profit pressures persist across its...

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