AnDy... the Australian have clearly picked a negative point of view with FMG, who said they were 'struggling'?
The $2.5B of new debt pays off the 2017, 2018 and part of the 2019 notes. At the same time they are also pushing back the larger unsecured notes from 2019 to sometime after 2021. This leaves FMG with only one payment before 2021, which would be the remainder of the 2019 secured notes which is $600 Million.
Hope that clears it up for you.
Debt to equity, page-15
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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 |