FMG 1.93% $21.67 fortescue ltd

Ann: Debt reduction to continue as FMG recognised as lowest cost, page-25

  1. 3,510 Posts.
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    Sorry guys get rid of the 2019 $2.976m debt asap and the $479.0m when the time is right refinance the $2.16b at a lower rate even if you need to borrow extra to pay the premium

    By that time they will have cash to cover part of the loan as well as any premium payable, the rate on the refinance and part repayment would still lower there costs

    I am sure the Chinese bank that financed the VLOC's would jump at the chance
 
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