Fortescue Treasury Pty Ltd Pty Ltd) , an Australian corporation and a direct wholly owned subsidiary of Fortescue Ltd. , an Australian corporation, announced today the early tender results of its previously announced offers to purchase for cash up to US$600,000,000 aggregate principal amount of its outstanding series of notes listed in the table below . The Company also announced that it had increased the previously [...]
Fortescue Treasury Pty Ltd Pty Ltd) , an Australian corporation and a direct wholly owned subsidiary of Fortescue Ltd. , an Australian corporation, announced today that it has commenced offers to purchase for cash up to US$600 million aggregate principal amount of its outstanding series of notes listed in the table below . The Tender Offers are being made pursuant to the terms and subject to the conditions set forth in [...]
Fortescue and Red Hawk Mining are pleased to announce a transaction under which Fortescue, through its wholly owned subsidiary FMG Pilbara, proposes to acquire all of Red Hawk’s fully paid ordinary shares for cash consideration of A$1.05 per share, increasing to A$1.20 per share if the Bidder acquires a relevant interest in 75 per cent or more of the Red Hawk Shares within seven days, by way of an off-market takeover bid [...]
Fortescue Metals Group Ltd. an ESG Evaluation of 66. The company's ESG Evaluation is the result of an ESG profile of 58 combined with Strong preparedness. Higher numbers indicate stronger sustainability in our evaluations. The ESG Evaluation report is available here. The ESG Evaluation of 66 reflects our view that Fortescue has robust ESG management practices and hence a credible ambition to address its high environmental [...]
FMG Resources Pty Ltd announced that its previously announced cash tender offers for any and all of the Company's 4.750% Senior Notes due 2022 and the Company's 5.125% Senior Notes due 2023 expired at 5:00 p.m., New York City time, on March 25, 2021. According to the information provided by D.F. King & Co., Inc. , the Information Agent and Depositary for the tender offers, US$601,117,000 aggregate principal amount of the [...]
FMG Resources Pty Ltd announced today that it is offering holders of certain of its debt securities to tender to sell in exchange for cash any and all of the Company's 4.750% Senior Notes due 2022. The complete terms of the tender offer are set forth in an Offer to Purchase, dated as of today, the Notice of Guaranteed Delivery and the Letter of Transmittal and any amendments or supplements thereto. The expiration date for [...]
Australian mining giant Fortescue Metals Group has withdrawn a legal case against commodity price reporting agency Argus, in which it sought to prevent the publication of information about low grade iron ore prices. This move follows a London High Court decision last Friday, 22 May, in which Justice Robert Miles dismissed an injunction on Argus which aimed to halt publication. Adrian Binks, chairman and chief executive of [...]
Fortescue Metals Group Ltd. today announced the expiration and results of the previously announced consent solicitation by its wholly-owned subsidiary, FMG Resources Pty Ltd and receipt of the consents necessary to effect amendments to the indenture, dated as of May 12, 2017, governing the series of notes described in this release. Consent Solicitation Subject to the terms and conditions described in the Issuer's Consent [...]
Fortescue Metals Group Ltd. today announced that its wholly-owned subsidiary, FMG Resources Pty Ltd has commenced a consent solicitation with respect to proposed amendments to the indenture, dated as of May 12, 2017 , governing the series of notes described in this release. Consent Solicitation Subject to the terms and conditions described in the Solicitation Materials, the Issuer is soliciting consents from the holders [...]
OTC Markets Group Inc. , operator of the OTCQX®, OTCQB® and Pink® financial markets for 10,000 U.S. and global securities, today announced the 2020 OTCQX® Best 50, a ranking of the top-performing OTCQX companies in the prior calendar year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX Best Market, based on an equal weighting of one-year total [...]
PERTH, Australia, March 8, 2018 /PRNewswire/ -- FMG Resources Pty Ltd , a direct wholly-owned subsidiary of Fortescue Metals Group Ltd. , announced today that as of 5:00 p.m., New York time, on March 7, 2018 , pursuant to its offer to purchase for cash up to US$1,400,000,000 in aggregate principal amount of its 9.750% Senior Secured Notes due 2022 , the Company has received tenders of and accepted for purchase [...]
Sydney, Australia (ABN Newswire) - At a time when the financial world seems to be mesmerised by the actions of (and the reactions to) the new Trump Administration in the US, concerned over rises in interest rates and also with renewed and increasing calls for an impending 'US stock market crash', the global economy of at least 4,500m other people seems to be following its own course and is doing just fine. In fact, the [...]