Last checked at 15 Oct 2015 07:00
NEWS RELEASE | |
Release Time | IMMEDIATE |
Date | 15 October 2015 |
Number | 22/15 |
BHP BILLITON PRICES US$3.25 BILLION US DOLLAR HYBRID NOTES
BHP Billiton has priced US$3.25 billion of subordinated fixed rate reset notes in the US Dollar market across two tranches.
The issuance of these hybrid notes comprises:
· US$1,000 million in a 60NC5 maturity bearing an initial coupon of 6.250%, paid semi-annually*
· US$2,250 million in a 60NC10 maturity bearing an initial coupon of 6.750%, paid semi-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 19 October 2015, 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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