FMG 5.04% $17.50 fortescue ltd

shorters be warned, page-91

  1. 7,247 Posts.
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    If this is not one in the eye, I don't know what is, given that we are constantly told that raising bond finance is so difficult. What volumes it speaks about financier's opinion so fht ecompany and its prospects.

    "The offering, which was initially launched at US$1.0 billion, was upsized to US$1.5 billion given strong demand. The Notes are expected to settle on 28 October 2011, subject to customary closing conditions. Fortescue intends to use the net proceeds>"
 
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