Rio Tinto Group (ASX:RIO) is raising between $7 billion and $9 billion by selling US dollar bonds to pay for its $6.7 billion acquisition of Arcadium Lithium, multiple media outlets reported Tuesday.
A Rio unit wants to sell the bonds in up to eight tranches, including a 40-year note that may yield around 1.625 percentage points over Treasuries, according to the Australian Financial Review, citing one of the people familiar with the matter.
Funds will be used to pay for the bridge loan used to close Arcadium Lithium's acquisition last week, per the reports. Bank of America, BNP Paribas, Citigroup, JPMorgan Chase & Co, Mizuho Financial Group, and Royal Bank of Canada are said to be leading Rio Tinto's note sale, per the Australian Financial Review.
The bonds sale comes after Rio recently shelved an up to $5 billion capital raise via a share sale due to opposition from certain investors, Bloomberg News reported, citing people with knowledge of the matter.
Rio Tinto did not immediately respond to a request for comment by MT Newswires.
The company's shares were down nearly 2% in recent Wednesday trade.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。