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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Rio Tinto Limited | ASX:RIO | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.35 | 0.27% | 129.80 | 129.56 | 129.88 | 130.69 | 129.24 | 129.81 | 864,490 | 07:20:10 |
By Rhiannon Hoyle
SYDNEY--Rio Tinto PLC (RIO.AU) said it has priced an offer to buy back roughly US$1.5 billion of debt.
The Anglo-Australian miner said the offer to repurchase its 2% notes due in 2017 has been set at US$1,006.91 per each US$1,000 of notes. Its 1.625% notes also due in 2017 have been priced at US$1,005.85, the company said in a regulatory filing.
Rio Tinto last week announced it intended to use its "strong liquidity position" to start cash tender offers to buy back its near-term debt.
Write to Rhiannon Hoyle at rhiannon.hoyle@wsj.com
(END) Dow Jones Newswires
April 27, 2016 18:57 ET (22:57 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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