Tags » Fortescue Metals Group
Fortescue Metals Group announced a voluntary redemption notice of US$1,552 million in relation to the 9.75% Senior Secured Notes due in 2022 (the “Notes”).
The combination of proceeds from the US$1.4 billion Term Loan signed on 21 February 2018, the issue of US$500 million of Senior Unsecured Notes on 1 March 2018 and US$100 million cash, enables the repayment of US$2.0 billion of the outstanding balance of the Notes as follows: 468 more words
FMG Resources , an Australian corporation and a direct wholly-owned subsidiary of Fortescue Metals Group Ltd (ASX: FMG), an Australian corporation, announced today that it is offering to purchase for cash up to US$1,400,000,000 in aggregate principal amount of its 9.750% Senior Secured Notes due 2022 . 619 more words