Surely it is a bad thing if the company needs to refinance its debt.
Sure it's a great thing that the refinancing markets have enough confidence in them to do it.
Obviously, pushing interest and principal payments out will help in their survival.
I think this would have been priced into the market, so not expecting a big price move up.
Ann: Fortescue announces multi-billion dollar refinancing, page-6
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Last
$21.62 |
Change
-0.420(1.91%) |
Mkt cap ! $66.56B | |||
| Open | High | Low | Value | Volume |
| $21.61 | $21.78 | $21.48 | $190.2M | 8.611M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15504 | $21.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.62 | 6560 | 1 |
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| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |