Fortescue's Debt War Chest Swells to $1.5 Billion

By
David Stringer
  • Iron ore producer's options include buybacks, refinancing: CFO
  • Lowering interest charges is key to efforts to lower costs

Fortescue Metals Group Ltd. said it is weighing options from refinancing to fresh bond buybacks as its war chest for reducing debt swells to $1.5 billion and iron ore rallies.

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