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APA Group ( (AU:APA) ) has shared an update.
APA Group has successfully completed the amendment and extension of $1.75 billion in syndicated loans, extending maturities to July 2031 and July 2032 without issuing new debt. This strategic move, achieved at marginally lower pricing, reflects APA’s proactive capital management and positions the company well for future refinancing, with no debt maturities until March 2027.
The most recent analyst rating on (AU:APA) stock is a Hold with a A$7.00 price target. To see the full list of analyst forecasts on APA Group stock, see the AU:APA Stock Forecast page.
More about APA Group
APA Group is a leading energy infrastructure business listed on the Australian Securities Exchange (ASX). It owns, manages, and operates a diverse portfolio of gas, electricity, solar, and wind assets valued at $27 billion. APA delivers around half of Australia’s domestic gas through an extensive network of pipelines and invests in electricity transmission assets that connect various Australian states, enhancing grid flexibility and support. The company also operates power generation assets, including gas-powered, wind, and solar facilities.
Average Trading Volume: 3,757,027
Technical Sentiment Signal: Buy
Current Market Cap: A$11.39B
For detailed information about APA stock, go to TipRanks’ Stock Analysis page.