CAPITAL MARKETS

S&P upgrades FMG

WITH iron ore prices strong and Fortescue Metals Group's share price at a one-year high, Standard...

Kristie Batten
S&P upgrades FMG

The previous rating was BB-, while the senior secured debt rating was also lifted to BBB- from BB+ and the senior unsecured debt rating was raised to BB- from B+. The recovery rating on the senior...

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