BHP Billiton Limited
(ASX:BHP) has priced a Canadian bond under its Euro medium term note programme.
BHP announced a Canadian $750 million bond issue at an interest rate of 3.23 per cent, due in 2023.
The mining giant says the proceeds will be used for the refinancing of current debt maturities.
BHP says that includes the retirement of commercial paper.
The announcement comes just weeks after the miner completed its second long-term European bond offering in a year - a €750 million bond issue at an interest rate of 3.125 per cent, due in 2033.
BHP Billiton generated a net profit $4.1 billion in the first half of the current financial year.
