BHP raises $2.6B in euro bond deal

Company News


BHP Billiton Limited (ASX:BHP) has priced a two-part bond deal in the European credit markets overnight, worth about $2.6 billion which will mature in 2024.

BHP says the proceeds will be used for general corporate purposes.

The global miner priced a $US5.25 billion deal earlier this year in five-part bond deal in the US credit markets in order to pay down existing debt.

BHP posted a net profit of $9.9 billion in the first half of its 2012 financial year.

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