Driller starts looking at options for debt
Liquidity boosted with increased credit facility
Company offering US$1.15 billion of senior secured notes
New $500M facility signed
Contractor denies debt disaster looming
Company says it remains committed to deleveraging
"We're looking at the greatest risk ever in history"
C1 cash costs remain under $13/t
Fortescue Metals Group has completed a US$600 million offering of senior unsecured notes
Major shareholder is also a white knight for Alita
The overnight metals bloodbath may not be the last. The Outcrop by Robin Bromby.
Company will fail to meet working capital requirements by end of the week if no deal made