BHP Group (ASX:BHP) has priced a $3 billion senior unsecured bond offer in the US market, with proceeds allocated for general corporate use, according to a Wednesday statement by the bank.
The offer includes three tranches, $1 billion of five-year bonds with a 5% coupon maturing in 2030, $750 million of seven-year bonds with a 5.125% coupon maturing in 2032, and $1.25 billion of ten-year bonds with a 5.3% coupon maturing in 2035, the statement said.
The bonds will be issued by BHP's US unit, BHP Billiton Finance, guaranteed by the company, with settlement expected by Feb. 21, the statement added.
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