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Repsol (REPYY.PK) expects to sell liquefied natural gas assets for ~€2B ($2.7B) by early...

  • Tuesday, January 15, 4:43 PM ET
    Repsol (REPYY.PK) expects to sell liquefied natural gas assets for ~€2B ($2.7B) by early February, Bloomberg reports; the buyer is not known, but GDF Suez has said it was looking at Repsol’s LNG assets. Spain's largest energy company is trying to keep its investment-grade debt rating by selling €4.5B in assets by 2016 and paying down borrowings.
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