Rio Tinto prices US$2bn fixed rate bonds

RNS Number : 8071G

Rio Tinto PLC

18 May 2011

 



Rio Tinto Finance (USA) Limited prices US$2 billion of fixed rate bonds

18 May 2011

Rio Tinto has priced US$700 million of 5-year, US$1 billion of 10-year and US$300 million of 30-year SEC-registered 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 5-year notes pay a coupon of 2.5% and will mature on 20 May 2016.

The 10-year notes pay a coupon of 4.125% and will mature on 20 May 2021.

The 30-year notes mature on 2 November 2040 and constitute a further issuance of the $500 million principal amount of the 5.2% notes due 2040 that were issued on 2 November 2010. Upon issuance of the bonds, $800 million of the 5.2% notes due 2040 will be outstanding.

J.P. Morgan Securities LLC, Deutsche Bank Securities Inc., RBS Securities Inc., Morgan Stanley & Co. Incorporated, RBC Capital Markets, LLC and SG Americas Securities, LLC acted as Joint Bookrunners.

A copy of the prospectus relating to the offering of the fixed rate bonds can be obtained from the Company at the registered address above, any underwriter or any dealer participating in the offering (J.P. Morgan Securities Inc., 1-212-834-4533, Deutsche Bank Securities Inc., toll-free 1-800-503-4611, RBS Securities Inc., toll-free 1-866-884-2071, Morgan Stanley & Co. Incorporated, toll-free 1-866-718-1879, RBC Capital Markets, LLC, toll-free 1-866-375-6829 and SG Americas, LLC, toll-free 1-800-861-9789).

 

About Rio Tinto

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.

Rio Tinto's business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.

Cont…/

For further information, please contact:

Media Relations, EMEA / Americas Illtud Harri Office: [phone] Mobile: [phone] Tony Shaffer Office:  [phone] Mobile: [phone] Christina Mills Office:  [phone] Mobile: [phone]	Investor Relations, London Mark Shannon Office:  [phone] Mobile: [phone] David Ovington Office:  [phone] Mobile: [phone]
Media Relations, Australia / Asia David Luff Office:  [phone] Mobile: [phone] Karen Halbert Office: [phone] Mobile: [phone] Bruce Tobin Office: [phone] Mobile: [phone]	Investor Relations, Australia Dave Skinner Office:  [phone] Mobile: [phone] Christopher Maitland Office: [phone] Mobile: [phone]
Media Relations, Canada Bryan Tucker Office: [phone] Mobile: [phone]	Investor Relations, North America Jason Combes Office:  [phone] Mobile: [phone]

Website:	www.riotinto.com
Email:	[e-mail] [e-mail]
Twitter:	Follow @riotinto on Twitter

High resolution photographs and media pack available at: www.riotinto.com/media 

 

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