MARKETS

BHP prices $2.7B note

MINING giant BHP Billiton has priced a €2 billion ($A2.7 billion) bond under its Euro medium-term...

Kristie Batten
BHP prices $2.7B note

The Euro bond issue comprises €600 million in floating rate notes due 2010 paying interest at three-month Euribor plus 35 basis points, €650 million 0.75% bonds due 2022 and &euro750 million 1.5% bonds due in 2030.

It comes after BHP priced a five-year $A1 billion note under its Australian medium-term note program last month.

The proceeds of both offers will be used for general corporate purposes.

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