BHP Raises $3 Billion via US Bond Issuance

Reported 2 days ago

BHP Group, the largest publicly traded mining company, announced it has successfully raised $3 billion through the issuance of senior unsecured bonds in the United States. The bonds, structured in three tranches ranging from $750 million to $1.25 billion with maturities of five to ten years, will offer a fixed coupon rate between 5.0% and 5.30%. Proceeds will be allocated for general corporate purposes.

Source: YAHOO

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