S&P reviewing FMG

STANDARD & Poor’s has put Fortescue Metals Group on its negative review list due to the recent slump in iron ore prices.

S&P reviewing FMG S&P reviewing FMG S&P reviewing FMG S&P reviewing FMG S&P reviewing FMG

S&P said yesterday that it placed its BB- corporate credit and issue rating for FMG on CreditWatch with negative implications, with the recovery rating affirmed at four.

loader