Ampol issues $500m subordinated floating rate notes

Ampol sign

Ampol issues $500m subordinated floating rate notes

2 years ago
Leading transport fuel supplier Ampol Limited has been successful in the issue of $500 million subordinated floating-rate notes. Firm: Herbert Smith Freehills (Ampol Limited) Deal: Herbert Smith Freehills (HSF) has assisted Ampol Limited on its issue of $500 million subordinated floating-rate notes that are convertible to ordinary shares in Ampol. The notes were issued to wholesale investors. Value: $500 million. Key players: The HSF team was led by partner Patrick Lowden and executive counsel Josie […]
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Z energy

Bulked-up Ampol won’t wait for EV policies

2 years ago
Ampol is not waiting for the federal government to implement policies to encourage the transition to electric vehicles (EV) as it seeks to use the increased bulk and expertise from its proposed $1.9 billion acquisition of Kiwi petrol retailer Z Energy to accelerate the shift. New Zealand and many other countries have strong incentives to encourage a faster uptake of electric vehicles but the federal government has been slow to follow suit and during the […]
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Ampol will continue to play a ‘very significant role’ in transport future

2 years ago
Ampol CEO Matt Halliday says the company will continue to play a “very significant role” in the future of energy for transport. Mr Halliday said that while the current business of oil, fuel and gas is “critically important in a whole host of ways” the company will start to focus on future solutions of hydrogen and electricity. “We’re not an extractor of oil as a company, we’re very much a distributor of energy,” Mr Halliday […]
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Z energy

Z Energy refuels memories of Ampol interest

2 years ago
If there’s one thing Z Energy didn’t want to talk to investors about at its investor day on Wednesday, it was takeover interest. Z Energy got on the front foot, confirmed it had spoken to parties, and told analysts and shareholders that it wouldn’t take any further questions. Its statement said about as much: “Although we have discussions with other parties and actively consider opportunities that may arise from time to time, there is nothing […]
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AMPOL making Mobil Lubricants

2 years ago
Ampol has formally commenced the production and supply of Mobil lubricants at its Queensland lubricant manufacturing facility. Brent Merrick, Ampol Executive General Manager, Commercial, said the commencement of blending is an important milestone in Ampol’s conversion to Mobil lubricants, with B2B customers expected to receive the new products in the coming months, and retail customers later in the year. “Mobil’s lubricant technology is world-class, innovative and has decades of proven performance. Through our lubricants alliance […]
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