Tag «tender offers»

Rio Tinto to reduce gross debt by $3 billion through its June tender offers

Rio Tinto will reduce its gross debt by a further $3 billion after accepting for purchase a total of $1.252 billion of debt under its Maximum Tender Offer and $1.748 billion under its Any and All Offer. Both offers commenced on 7 June 2016 and are part of Rio Tinto’s ongoing capital management. The final …

Rio Tinto to reduce gross debt by $1.5 billion through its tender offers

Rio Tinto will reduce its near term maturing gross debt by $1.5 billion after accepting for purchase a total of $141 million of debt under its Dutch Auction Offer and $1.359 billion under its Any and All Offer. The final aggregate principal amount of Securities purchased under the Any and All Offer that expired on …