BHP prices US Tender Offers

Company News

by Jessica Amir

BHP Billiton (ASX:BHP) has announced the final prices of its global multi-currency bond repurchase plan.

The mining giant has three different senior notes, for US$530 million, $US860 million and US$1.5 trillion.

The Tender Offers are for 3.25 per cent due in 2021, 2.875 per cent due in 2022 and 3.850 per cent due in 2023.

The company will also spend up to US$1 trillion on the Tender Offer.

Holders of the notes who tendered before 7 September will be eligible to receive the total consideration.

Shares in BHP Billiton (ASX:BHP) are trading 2.02 per cent lower to $26.74.

 

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