Banpu puts another $150M into Centennial

THAI energy giant Banpu has put a further $150 million into its wholly owned Centennial Coal company to shore up debt levels in the Australian coal miner.

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Banpu puts another $150M into Centennial Banpu puts another $150M into Centennial Banpu puts another $150M into Centennial Banpu puts another $150M into Centennial Banpu puts another $150M into Centennial

The funds were used to settle a $150 million revolving credit facility by Centennial.

The funds were used to settle a $150 million revolving credit facility by Centennial and paid on December 15.

Centennial is believed to be carrying a debt load of more than US$764.