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FMG seeks rate cut on $5B loan

FORTESCUE Metals Group says it intends to reduce the interest rate on its $US5 billion ($A5.2 bil...

Justin Niessner
FMG seeks rate cut on $5B loan

The iron ore giant said it would seek an amendment and repricing of the senior secured facility that is due to mature in October 2017. The loan has a total coupon of 5.25%. "The release of the...

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