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
$19.17 |
Change
-0.020(0.10%) |
Mkt cap ! $59.02B | |||
| Open | High | Low | Value | Volume |
| $19.22 | $19.41 | $19.13 | $134.6M | 6.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 52 | $19.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.20 | 1239 | 2 |
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| Last trade - 16.10pm 31/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |