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Pin to quick picksBHP Group Regulatory News (BHP)

Share Price Information for BHP Group (BHP)

London Stock Exchange
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Share Price: 2,383.00
Bid: 2,381.00
Ask: 2,384.00
Change: 31.00 (1.32%)
Spread: 3.00 (0.126%)
Open: 2,365.00
High: 2,383.00
Low: 2,355.00
Prev. Close: 2,352.00
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BHP Billiton Prices Hybrid Notes

14 Oct 2015 18:19

RNS Number : 3120C
BHP Billiton PLC
14 October 2015
 



 

NEWS RELEASE

Release Time

IMMEDIATE

Date

14 October 2015

Number

21/15

 

BHP BILLITON PRICES EUR 2.0 BILLION EURO HYBRID NOTES AND GBP600 MILLION STERLING HYBRID NOTES

BHP Billiton has priced EUR2.0 billion of subordinated fixed rate reset notes in the Euro market across two tranches and GBP600 million of subordinated fixed rate reset notes in the Sterling market.

 The issuance of these hybrid notes comprises:

· €1,250 million in a 60.5NC5.5 maturity bearing an initial coupon of 4.750%, paid annually*

· €750 million in a 64NC9 maturity bearing an initial coupon of 5.625%, paid annually*

· £600 million in a 62NC7 maturity bearing an initial coupon of 6.500%, paid annually*

* The coupon for each tranche of notes will reset in accordance with their respective terms at the end of the applicable non-call period and every five years thereafter prior to maturity.

Settlement of the notes is expected to occur on 22 October 2015, in each case subject to customary closing conditions.

The proceeds will be used for general corporate purposes, which may include, without limitation, the repayment of existing debt of the BHP Billiton Group.

 

This announcement does not constitute an offer to sell, or the solicitation of an offer to buy, any securities in the United States, Canada, Japan, Australia or any other jurisdiction. The securities described herein have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended or under any relevant securities laws of any state of the United States or any other jurisdiction, and may not be offered or sold in the United States or to any U.S. persons absent an effective registration statement covering such securities or an applicable exemption from such registration requirements.

 

Media Relations

Australia

Emily Perry

Tel: +61 3 9609 2800 Mobile: +61 477 325 803

email: Emily.Perry@bhpbilliton.com

 

Paul Hitchins

Tel: + 61 3 9609 2592 Mobile: + 61 419 315 001

email: Paul.Hitchins@bhpbilliton.com

 

Eleanor Nichols

Tel: +61 3 9609 2360 Mobile: +61 407 064 748

email: Eleanor.Nichols@bhpbilliton.com

United Kingdom and Americas

Ruban Yogarajah

Tel: +44 20 7802 4033 Mobile: +44 7827 082 022

email: Ruban.Yogarajah@bhpbilliton.com

 

Jennifer White

Tel: +44 20 7802 7462 Mobile: +44 7827 253 764

email: Jennifer.White@bhpbilliton.com

 

 

 

Investor Relations

 

Australia

 

Tara Dines

Tel: +61 3 9609 2222 Mobile: +61 499 249 005

email: Tara.Dines@bhpbilliton.com

 

Andrew Gunn

Tel: +61 3 9609 3575 Mobile: +61 402 087 354 email: Andrew.Gunn@bhpbilliton.com

 

United Kingdom and South Africa

 

Jonathan Price

Tel: +44 20 7802 4131 Mobile: +44 7990 527 726

email: Jonathan.H.Price@bhpbilliton.com

 

Dean Simon

Tel: +44 20 7802 7461 Mobile: +44 7717 511 193

email: Dean.Simon@bhpbilliton.com

 

Americas

 

James Agar

Tel: +1 212 310 1421 Mobile: +1 347 882 3011

email: James.Agar@bhpbilliton.com

 

Joseph Suarez

Tel: +1 212 310 1422 Mobile: +1 646 400 3803

email: Joseph.Suarez@bhpbilliton.com

 

 

 

BHP Billiton Limited ABN 49 004 028 077

Registered in Australia

Registered Office: Level 16, 171 Collins Street

Melbourne Victoria 3000 Australia

Tel +61 1300 55 4757 Fax +61 3 9609 3015

 

 

 

BHP Billiton Plc Registration number 3196209

Registered in England and Wales

Registered Office: Neathouse Place

London SW1V 1LH United Kingdom

Tel +44 20 7802 4000 Fax +44 20 7802 4111

 

 

Members of the BHP Billiton Group which is headquartered in Australia

 

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This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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