CAPITAL MARKETS

Moody's give FMG notes issue a B1 rating

MOODY’S Investors Service has assigned a B1 rating to the $US2 billion ($A1.94 billion) guaranteed senior unsecured notes to be issued by FMG Resources.

Ron Berryman
Moody's give FMG notes issue a B1 rating

The ratings service said the notes issued by FMG Resources, a wholly owned subsidiary of Fortescue Metals Group, were guaranteed by Fortescue and its restricted subsidiaries and proceeds would be used...

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