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BHP Group Limited — Capital/Financing Update 2015
Oct 14, 2015
14787_rns_2015-10-14_f678f7cd-810e-4f79-b5e6-ad0fa0e3c0bd.pdf
Capital/Financing Update
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NEWS RELEASE
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Release Time IMMEDIATE[1] 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
Investor Relations
Australia
Emily Perry Tel: +61 3 9609 2800 Mobile: +61 477 325 803 email: [email protected]
Paul Hitchins Tel: + 61 3 9609 2592 Mobile: + 61 419 315 001 email: [email protected]
Eleanor Nichols Tel: +61 3 9609 2360 Mobile: +61 407 064 748 email: [email protected]
United Kingdom and Americas
Ruban Yogarajah Tel: +44 20 7802 4033 Mobile: +44 7827 082 022 email: [email protected]
Jennifer White
Tel: +44 20 7802 7462 Mobile: +44 7827 253 764 email: [email protected]
Australia
Tara Dines
Tel: +61 3 9609 2222 Mobile: +61 499 249 005 email: [email protected]
Andrew Gunn
Tel: +61 3 9609 3575 Mobile: +61 402 087 354 email: [email protected]
United Kingdom and South Africa
Jonathan Price
Tel: +44 20 7802 4131 Mobile: +44 7990 527 726 email: [email protected]
Dean Simon
Tel: +44 20 7802 7461 Mobile: +44 7717 511 193 email: [email protected]
Americas
James Agar
Tel: +1 212 310 1421 Mobile: +1 347 882 3011 email: [email protected]
Joseph Suarez Tel: +1 212 310 1422 Mobile: +1 646 400 3803 email: [email protected]
- This release was made outside the hours of operation of the ASX market announcements office.
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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