Fortescue Metals Group Announces Redemption of US$1,552m of Senior Secured Notes

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 … Continue reading Fortescue Metals Group Announces Redemption of US$1,552m of Senior Secured Notes

Fortescue Metals Group Announces Successful Completion of US$500m High Yield Bond Offering

Fortescue Metals Group Limited (Fortescue) (ASX: FMG) has today priced an offering of US$500 million of 5.125% Senior Unsecured Notes due 2023. The offering is expected to settle on or about 15 March 2018, subject to customary closing conditions. The … Continue reading Fortescue Metals Group Announces Successful Completion of US$500m High Yield Bond Offering

Fortescue Metals Group Achieves A$2Bn Opportunities Milestone

Fortescue Metals Group’s (ASX:FMG) Billion Opportunities program has reached a significant milestone, recognising the award of A$2 billion in contracts and sub-contracts to Aboriginal businesses and joint ventures. The Billion Opportunities program commenced in 2011 as an initiative to promote … Continue reading Fortescue Metals Group Achieves A$2Bn Opportunities Milestone