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

|About: Repsol S.A. ADR (REPYY)|By:, SA News Editor

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.