CAPITAL MARKETS

FMG ups bond offering to $2B

FORTESCUE Metals Group has doubled the size of its bond, offering $US2 billion ($A1.9 billion) to help fund its expansion plans and mining fleet at its Pilbara operations.

MiningNews.Net
FMG ups bond offering to $2B

The iron ore miner said senior unsecured notes were raised in two tranches consisting of $1 billion worth of five-year notes at a 6% per annum interest rate and $1 billion 10 year notes at a 6.875%pa rate....

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