BHP Billiton prices $5.25 billion global bond

BHP Billiton prices $5.25 billion global bond

11:43 PM, 21st February 2012
BHP Billiton prices $5.25 billion global bond

MELBOURNE, AUSTRALIA: BHP Billiton has priced a five tranche global bond under its debt shelf registration statement, which has been previously filed with the US Securities and Exchange Commission. The global bond comprises $1,000 million senior floating rate notes due 2014 paying interest at three-month US dollar Libor plus 27 basis points, $1,000 million 1.000 per cent senior notes due 2015, $1,250 million 1.625 per cent senior notes due 2017, $1,000 million 2.875 per cent senior notes due 2022, and $1,000 million 4.125 per cent senior notes due 2042. The proceeds will be used for debt refinancing, including the retirement of commercial paper, and general corporate purposes.

© WOC News



Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Mylan secures $300 million credit facility of committed financing

PITTSBURGH, US: Mylan Inc announced that it has entered into a facility agreement with a group of banks to securitize up to $300 million of US accou ...

Read more
BASF buys Merck’s electrolytes business

DARMSTADT, GERMANY: Merck announced that it is selling its electrolytes business for high-performance batteries to BASF. The divestment encompasses th ...

Read more
Toray to supply RO membrane elements to Asia’s largest desalination plant

TOKYO, JAPAN: Toray Industries announced that it has won an order to supply reverse osmosis (RO) membrane elements to Tuaspring desalination plant in ...

Read more
Reliance, SIBUR JV to invest $450 million in butyl rubber production

MUMBAI, INDIA: Russia, Eastern Europe’s largest petrochemical company, SIBUR and India’s largest private company, Reliance Industries Limi ...

Read more
BASF to stop lead chromate pigments production by 2014

LUDWIGSHAFEN, GERMANY: BASF is going to stop producing lead chromate pigments by the end of 2014 at the latest and concentrate worldwide on the produc ...

Read more
Zeolite, an efficient carbon scrubber

GAITHERSBURG, US: Filtering carbon dioxide, a greenhouse gas, from factory smokestacks is a necessary, but expensive part of many manufacturing proces ...

Read more uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X