|
26
Nov
2015
Fortescue pushes back at debtBy:Creamer Media Senior Deputy Editor: Australasia CORPORATE ACTIVITY Iron-ore major Fortescue Metals this week completed a $750-million debt tender for 2019 and 2022 notes.
The company told shareholders that the purchase of the notes, which would settle at the end of November, had resulted in Fortescue recognizing a $124-million pre-tax gain and a saving of some $56-million in annual interest.
This content is only available to subscribers.
Forgot your password? Click here
Don't have any login details?
Free Trial Access
|
Just Energy Transition 2024: Investing in the future
Buy Report
Hydrogen 2024: Implementation crucial going forward
Buy Report
Roads, Rail & Ports 2024: Inefficiencies reach new lows
Buy Report
Africa Mining Projects in Progress 2024
Buy Report
Iron-Ore 2023/24: Bracing for change
Buy Report
Platinum Group Metals 2023: Crucial Element in the Energy Transition
Buy Report
Hendrina Wind Farm, South Africa
Published: 28 Jun 24
Maydon Wharf precinct liquid bulk facility, South Africa
Published: 28 Jun 24
Kaminho deep-water project, Angola
Published: 28 Jun 24
The International Air Transport Association (IATA), on the first day of its Wings of Change Focus Africa conference, held in Johannesburg, South...
Priyesh Daya appointed to ICC International Court of Arbitration
Published: 03 Jul 24
Law firm Webber Wentzel partner Priyesh Daya has been appointed as a member of the International Chamber of Commerce's (ICC’s) International Court...
Germany launches electric truck charging network to decarbonise transport
Published: 03 Jul 24
The German government on Wednesday launched a project to build up a nationwide fast-charging network for heavy duty vehicles as Berlin aims to...
