CAPITAL MARKETS

FMG surges on $2.3B note issue

AFTER a failed attempt last month, Fortescue Metals Group has returned to the bond market to succ...

Kristie Batten
FMG surges on $2.3B note issue

In a brief announcement this morning, FMG announced it had launched a fresh $1.5 billion offering of senior secured notes, the proceeds of which would be used to redeem 2017 and 2018 unsecured notes. ...

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