BAFN200 S1, 2015 Assignment Fortescue Metals Group (FMG) On 5 March 2015 Fortescue Metals Group (FMG) announced a financial restructuring which involved issuing $2.5billion of new debt and the retiring of several tranches of existing debt. The intention was to extend the company’s maturity profile and reduce interest costs. The company opened negotiations with US [ ]
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