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27
Apr
2016
Fortescue buys out more debtBy:Creamer Media Senior Deputy Editor: Australasia CORPORATE ACTIVITY Iron-ore miner Fortescue Metals would repay $577-million in debt through after issuing voluntary redemption notices to holders of 2019 notes.
“This debt repayment delivers on our sustained commitment to reduce all-in costs, further generating strong cash flows and continuing to reduce our debt,” said CEO Nev Power on Wednesday.
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