Arrium refinances $US725m in debt

Iron ore miner says lenders' support shows their continued confidence in the company.

Arrium (ARI) has refinanced $US725 million ($A770.4m) of debt that was due to mature in the second half of 2015.

Arrium shares were 3.89% lower at 80.25c at the 10.15am (AEST) official market open, against a benchmark index fall of 0.35%, as a fall in the iron ore price weighed.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles