[miningmx.com] – BHP Billiton took advantage of relatively low yields in the US to price a $5bn bond, the latest corporate bond issue by a mining company and following Rio Tinto and AngloGold Ashanti and GlencoreXstrata in tapping the debt markets lately.
The issue is BHP Billiton’s largest in 18 months, said Bloomberg News. BHP Billiton has an estimated $16bn in capital expenditure this year, the newswire service said.
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