Bond FMG Resources Inc. 5.875% ( US30251GBD88 ) in USD

Issuer	FMG Resources Inc.
Market price	100.637 % ▲
Country	Australia
ISIN code	US30251GBD88 ( in USD )
Interest rate	5.875% per year ( payment 2 times a year)
Maturity	15/04/2030
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Minimal amount	2 000 USD
Total amount	700 000 000 USD
Cusip	30251GBD8
Standard & Poor's ( S&P ) rating	BB+ ( Non-investment grade speculative )
Moody's rating	Ba1 ( Non-investment grade speculative )
Next Coupon	15/04/2026 ( In 64 days )
Detailed description	FMG Resources' August 2006 activities primarily involved securing financing and commencing construction of its iron ore mining and infrastructure projects in Western Australia. This financial article details a specific bond issuance from FMG Resources AUG 2006, an Australian-based entity primarily associated with Fortescue Metals Group (FMG), a global leader in iron ore production, identified by ISIN US30251GBD88 and CUSIP 30251GBD8; this USD-denominated obligation, currently trading at 100.637% of its face value, carries a fixed annual coupon rate of 5.875% paid semi-annually, represents a total issue size of $700,000,000 with a minimum purchase increment of $2,000, and is scheduled to mature on April 15, 2030, holding credit ratings of BB+ from Standard & Poor's and Ba1 from Moody's.