Rio Tinto to Buy Back $1.359 Billion Debt
April 28 2016 - 8:37AM
Dow Jones News
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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