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FMG repays more debt

FORTESCUE Metals Group is repurchasing another $US577 million worth of debt.

Kristie Batten
FMG repays more debt

The company issued a voluntary redemption notice to holders of the 8.25% senior unsecured notes due in 2019. The outstanding notes will be redeemed in full on June 1, using existing cash. The redemption...

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