26th Sep 2013 05:31
MELBOURNE (Alliance News) - Anglo-Australian mining giant BHP Billiton Ltd. (BHP, BHP.AX, BBL, BLT.L) said Wednesday that it has priced a $5 billion bond offering, including notes that will mature in 2043. The company will use the proceeds from the bond offering for general corporate purposes.
The four-tranche global bond offering comprises $500 million worth of senior floating rate notes due to mature in 2016 paying interest at three-month US dollar Libor rate plus 25 basis points, $500 million of senior notes due in 2018 priced at 2.050 percent, $1.5 billion of senior notes due in 2013 priced at 3.850 percent, and $2.5 billion of senior notes due in 2043 priced at 5.00 percent interest rate.
BHP closed Wednesday's trading at $67.58, up $0.67 or 1.00 percent on a volume of 1.22 million shares.
Copyright RTT News/dpa-AFX
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