LONDON (Indonesia Today) – Mining giant Rio Tinto has priced US$3.0 billion of fixed rate bonds with a weighted average coupon of 2.67% and a weighted average maturity of 12.9 years.
According to the company’s statement available to Indonesia Today the offering comprises US$1.25 billion of 5-year, US$1.0 billion of 10-year and US$750 million of 30-year SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) plc and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited.