Rio Tinto’s Limited
(ASX:RIO) US finance arm has priced $3 billion in floating and fixed rate bonds.
Rio Tinto USA's offering includes $US1 billion three-year and $US1.25 billion five-and-a-half year fixed rate bonds.
In addition it includes $US250 million two-year and $US500 million three-year floating rate debt securities.
The bonds will be issued by Rio Tinto Finance and are fully and unconditionally guaranteed.
BNP Paribas Securities Corp, JP Morgan Securities, Morgan Stanley & Co, Credit Suisse and RBS Securities acted as joint bookrunners for the transaction.
Rio Tinto posted a net loss of $2.9 billion in its 2012 financial year.
