FMG 1.47% $17.26 fortescue ltd

Ann: Fortescue announces multi-billion dollar refinancing, page-6

  1. 490 Posts.
    lightbulb Created with Sketch. 1
    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.
 
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