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Fortescue secures 3.9% effective funding through 2032
9:36am on Thursday 5th of November, 2026 AEDT
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Mining and Metals
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Fortescue secures 3.9% effective funding through 2032
9:36am on Thursday 5th of November, 2026 AEDT
Key Points
US$1.5 billion senior unsecured notes priced at a 7.0% US dollar coupon
Cross-currency swaps convert the full exposure into approximately CNH9.95 billion
Effective fixed interest rate reduced to about 3.9% per annum
Notes mature in November 2032 and settlement is expected on 12 November
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