Rio Tinto to Purchase $3 Billion Worth of Notes
June 07 2016 - 8:45AM
Dow Jones News
LONDON--Rio Tinto PLC (RIO.LN) said Tuesday that it has launched
a new cash tender offer to purchase up to $3 billion of its U.S.
dollar-denominated loan notes.
The mining company said the purchase is a part of the company's
ongoing capital management program and follows cash tender offers
launched in April to purchase $1.5 billion worth of notes.
London listed shares of Rio Tinto at 1213 GMT trading 0.4%
higher at 2,024 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
(END) Dow Jones Newswires
June 07, 2016 08:30 ET (12:30 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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