Leighton CFO says capital needs set for three years

Tue Aug 19, 2008 3:19am EDT
 
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MELBOURNE, Aug 19 (Reuters) - Leighton Holdings Ltd (LEI.AX), Australia's top engineering contractor, has lined up all the capital it needs in terms of debt and equity for the next three years, Chief Financial Officer Scott Charlton said on Tuesday.

"You can assume that for our business plan and for our outlook for the next three years, we've got all the capital in place -- the equity, and we've raised the working capital facility, new operating leases, new bonding requirements.

"So we won't be going back to the share market anytime soon unless there's an extraordinary investment opportunity that presents itself. But we don't see anything like that on the horizon," Charlton told Reuters. ($1=A$1.15) (Reporting by Sonali Paul and Denny Thomas)

 

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