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RIO Rio Tinto Plc

68.79
0.51 (0.75%)
04 May 2024 - Closed
Delayed by 15 minutes
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
  0.51 0.75% 68.79 69.12 68.42 68.96 3,193,760 01:00:00

Rio Tinto to Buy Back $1.359 Billion Debt

28/04/2016 1:37pm

Dow Jones News


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

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By Ian Walker

 

LONDON--Rio Tinto PLC (RIO.LN) said Thursday it is buying back $1.359 billion of debt through Rio Tinto Finance (USA) PLC.

The miner plans to buy $339 million of its 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

April 28, 2016 08:22 ET (12:22 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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