Just found this from Fitch Website:
29 Aug 2016 3:27 AM EST
Fitch Revises Fortescue's Outlook to Stable; Upgrades Senior Unsecured Ratings to 'BB+'
Fitch Ratings-Singapore/Sydney-29 August 2016: Fitch Ratings has affirmed Australia-based iron-ore miner Fortescue Metals Group Limited's (Fortescue) Long-Term Issuer Default Rating (LT IDR) at 'BB+' and revised the Outlook to Stable from Negative. The agency has also upgraded the long-term senior unsecured rating and the rating on the outstanding USD478m senior unsecured notes due in 2022 to 'BB+' from 'BB'. A full list of ratings can be found at the end of this commentary.
So looks like all 3 Rating Agency likes what FMG is doing last 6 Month, bring on more Debt Repayment and Rating Upgrades!!
DYOR.
Frank.
Iron Ore Price, page-9902
-
- There are more pages in this discussion • 10,156 more messages in this thread...
This thread is closed.
You may not reply to this discussion at this time.
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.47 |
Change
-0.260(1.32%) |
Mkt cap ! $59.94B | |||
| Open | High | Low | Value | Volume |
| $19.65 | $19.65 | $19.37 | $126.0M | 6.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $19.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.50 | 24291 | 3 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |