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29 October 2021 |
Rio Tinto Finance (USA) Limited prices US$1.25 billion of 30-year fixed rate notes
Rio Tinto has priced US$1,250,000,000 of 30-year fixed rate SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) Limited and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited. The notes will pay a coupon of 2.750 per cent and will mature 2 November 2051.
BofA Securities, Citigroup and Credit Agricole CIB acted as Joint Bookrunning Managers, Credit Suisse, Santander, SMBC Nikko and TD Securities acted as Joint Bookrunners, and CIBC Capital Markets, China Construction Bank (Europe) S.A., ICBC Standard Bank, Natixis, Scotiabank, Standard Chartered Bank and Westpac Banking Corporation acted as Co-Managers.