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Rio prices $650m in bonds in the US

7th March 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Major Rio Tinto has priced $650-million of 10-year fixed rate US Securities and Exchange Commission (SEC)-registered debt securities and $1.1-billion of 30-year fixed rate SEC-registered debt securities.

The 10-year notes will pay a coupon of 5% and will mature March 9, 2033 and the 30-year notes will pay a coupon of 5.125% and will mature March 9, 2053.

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