23
Aug
19:07
Moody's upgrades FMG's corporate family rating
Fortescue Metals Group (FMG) tells Kallanish that credit rating specialist Moody’s has upgraded the Australian miner’s corporate family rating, the senior secured credit rating and the senior unsecured credit rating.
The corporate family rating rises to Ba2 from Ba3. Moody’s has also upgraded the senior secured credit rating to Ba1 and the senior unsecured credit rating to B1.
“In its update, Moody’s noted that the upgrade &ldquo…
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