Rio Tinto Finance (USA) offers notes in two parts due 2033, 2053

By Marisa Wong

Los Angeles, March 6 – Rio Tinto Finance (USA) plc plans to price dollar-denominated fixed-rate notes to two tranches due 2033 and 2053 guaranteed by Rio Tinto plc and Rio Tinto Ltd., according to a 424B2 filing with the Securities and Exchange Commission.

The notes will feature a make-whole call followed by a par call.

Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, Santander US Capital Markets LLC and SMBC Nikko Securities America, Inc. are the joint lead bookrunners. Bank of China Ltd., London Branch, CIBC World Markets Corp., Citigroup Global Markets Inc. and HSBC Securities (USA) Inc. are also joint bookrunners.

Bank of New York Mellon is the trustee.

Linklaters LLP will act as English and U.S. counsel for the issuer. Allens will handle matters of Australian law.

Allen & Overy LLP will act as U.S. counsel to the underwriters.

Proceeds will be used for general corporate purposes.

The metals and mining company is based in London.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.