logo
  

Rio Tinto Prices $1.75 Bln Of Fixed Rate Debt Securities

Rio Tinto Plc (RIO.L), an Anglo-Australian metals miner, said on Tuesday that it has priced $650 million, 10-year fixed rate debt securities, and a $1.1 billion, 30-year fixed rate debt securities.

The 10-year notes will pay a coupon of 5 percent and will mature March 9, 2033, whereas the 30-year notes will have a coupon of 5.125 percent and will mature March 9, 2053, the company said in a statement.

The bonds will be issued by Rio Tinto Finance (USA) Plc with the guarantee of Rio Tinto Plc and Rio Tinto Limited.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Elon Musk's brain implant firm Neuralink said it has received approval from the U.S. Food and Drug Administration to conduct first-in-human clinical trials. In a tweet, Neuralink said, "We are excited to share that we have received the FDA's approval to launch our first-in-human clinical study! T.W. Garner Food Co. is recalling 50,688 bottles of 12 oz. Texas Pete Buffalo Wing Sauce citing undeclared soy, the U.S. Food and Drug Administration said. The agency noted that some of the bottles may contain Texas Pete Extra Mild Wing Sauce which contains soy. The recall involves Texas Pete Buffalo Wing Sauce with best used by 120623T 065239 UPC 0 75500 10011 6. The U.S. Food and Drug Administration approved Pfizer Inc's COVID-19 oral antiviral pill Paxlovid for the treatment of mild-to-moderate COVID-19 in adults. Paxlovid is the first oral treatment, and the fourth drug, approved by the agency to treat COVID-19 in adults. Paxlovid (nirmatrelvir tablets and ritonavir tablets, co-packaged for oral use) has been approved to treat adults who are at high...
Follow RTT