I think fortescue is in heaps of trouble now with that loan at 9.5% interest over seven years......... They have postponed their pain for at least three years now and need to pay off a fair slice of it as fast as they can if prices stay low or rebound a bit more......
Shame they did not take up that bond buy up at 5% interest when they had the chance.......... they were trying for 3% but did not happen.
