Rio Tinto Limited
(ASX:RIO) has priced $US1.2 billion of 10 year fixed rate bonds at a coupon rate of 3.75 per cent.
The mining giant says the bonds will be issues by Rio Tinto Finance (USA) and guaranteed by Rio Tinto Plc and Rio Tinto Limited.
Bookrunners for the deal will be Citigroup Global Markets, Deutsche Bank Securities, SG American Securities, HSBC Securities, Mitsubishi UFJ Securities, and RBC Capital Markets.
Rio Tinto reported a net profit of $7.92 billion in the 2014 calendar year.