Moody's affirms Fortescue's ratings following credit negative first half results; outlook stable
Global Credit Research - 17 Feb 2015
Approximately $9.1 Billion of Debt Securities Affected
Sydney, February 17, 2015 -- Moody's Investors Service has today affirmed Fortescue Metals Group Limited's corporate family rating (CFR) of Ba1. At the same time Moody's has affirmed FMG Resources (August 2006) Pty Ltd's senior unsecured notes rating of Ba2 and senior secured rating of Baa3. The outlook on all ratings is stable.
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