PERTH, Australia, March 18, 2015 /PRNewswire/ --
Dear Sir
FMG Resources (August 2006) Pty
Ltd (the "Company"), a direct wholly-owned subsidiary of Fortescue
Metals Group Ltd ("Fortescue") (ASX: FMG), announced today that it
has terminated its previously announced invitations to tender for
sale in exchange for cash (i) any and all of the Company's 6.000%
Senior Notes due 2017 (the "2017 Notes"), (ii) any and all of its
6.875% Senior Notes due 2018 (the "2018 Notes") and (iii) its 8.25%
Senior Notes due 2019 (the "2019 Notes" and, together with the 2017
Notes and the 2018 Notes, the "Notes") for an aggregate purchase
price (not including accrued interest) of up to US$700,000,000.
As a result of the termination, none of the Notes that have been
tendered in the tender offers will be accepted for purchase and no
consideration will be paid or become payable to holders of Notes
who have tendered their Notes in the tender offers. All Notes
previously tendered and not validly withdrawn will be promptly
returned or credited back to their respective holders.
This news release confirms the formal termination of the
Company's tender offers. The Company reserves the right to
initiate a new tender offer at a later date, but it is under no
obligation to do so. Holders of Notes with questions
regarding the termination of the tender offers may direct such
questions to Ipreo LLC by telephone at (888) 593-9546 (toll-free)
or (212) 849-3800 or by email at tenderoffer@ipreo.com.
This news release does not constitute an offer to purchase
securities or a solicitation of an offer to sell any securities or
an offer to sell or the solicitation of an offer to purchase any
securities, nor does it constitute an offer or solicitation in any
jurisdiction in which such offer or solicitation is unlawful.
Yours sincerely
Fortescue Metals Group Ltd
Ian Wells
Company
Secretary
The Companies Officer
Australian Securities Exchange Ltd
2 The Esplanade
Perth WA 6000
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SOURCE Fortescue Metals Group Ltd