Fortescue to push back debt load as iron ore price slumps

By Peter Ker
Updated March 6 2015 - 9:13am, first published March 5 2015 - 5:54pm

Fortescue Metals Group has sought more breathing room on its $US7.47 billion ($9.5 billion) net debt pile by launching a refinancing that should ensure the miner does not need to resort to asset sales in the near future.

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