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RIO Rio Tinto Limited

129.80
0.35 (0.27%)
06 May 2024 - Closed
Delayed by 20 minutes
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

Rio Tinto Prices Offers for US$1.5 Billion Debt Repurchase

28/04/2016 12:12am

Dow Jones News


Rio Tinto (ASX:RIO)
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From May 2019 to May 2024

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   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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