Fortescue Gets New $4.5 Billion Facility to Refinance Loans

Fortescue Gets New $4.5 Billion Facility to Refinance Loans

Carla Gottgens/Bloomberg

Fortescue, which had $9.1 billion of debt before today’s statement and a market value of A$9.3 billion ($9.7 billion), held a call earlier this month to reassure bankers in Asia about its finances, according to a person familiar with the matter.