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| Name | Symbol | Market | Type |
|---|---|---|---|
| Rio Tinto Plc | NYSE:RIO | NYSE | Depository Receipt |
| Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -0.33 | -0.49% | 67.50 | 68.35 | 67.27 | 67.90 | 2,330,493 | 00:06:42 |
From May 2019 to May 2024
By Ian Walker
LONDON--Rio Tinto PLC (RIO.LN) said Thursday it will cut debt by $1.5 billion through the tender offers announced last week.
Last Wednesday the miner said it would buy back $1.359 billion of debt through Rio Tinto Finance (USA) PLC. It said at the time it would buy $339 million of 2% cent notes due 2017 at $1,006.91 per $1,000 amount of notes and $1.02 billion of 1.625% notes due 2017 at $1,005.85 per $1,000 principal amount of notes.
The lead dealer managers are Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets, LLC. The co-dealer managers are BMO Capital Markets Corp., CIBC World Markets Corp., nabSecurities, LLC and TD Securities (USA) LLC.
Write to Ian Walker at ian.walker@wsj.com; @IanWalk40289749
(END) Dow Jones Newswires
May 05, 2016 08:17 ET (12:17 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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