BHP set prices for $2.5B bond repurchase plan

Company News

by Jessica Amir


BHP Billiton Limited (ASX:BHP) has announced the pricing of its US$2.5 billion bond repurchase plan.

BHP says its tender offer pricing applies to any and all of its outstanding US$1.75 billion 6.5% senior notes due 2019.

Holders of Any and All Notes are required to tender their notes prior to the expiry to receive consideration.

The offer has a fixed spread of 10 basis points (bps).

The offer is due to expire at 5.00pm New York City time on 27th February 2017. 
 

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