April 27 (Reuters) - Fortescue Metals Group Ltd FMG.AX :
* Fortescue initiates US$577 million repayment of 2019 notes FMG.AX
* US$577 million of notes outstanding will be redeemed in full, from accumulated cash on hand, on Wednesday June 1, 2016
* "Today's announcement brings the amount of debt Fortescue has repurchased in the last 12 months to US$1.7 billion"
* Source text for Eikon ID:nASX7HPkgk