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World mining major, BHP Billiton priced $5 billion of notes in debt raising

26 Sep 2013
BHP Billiton, the world’s biggest mining company, priced $5 billion of notes in its biggest debt raising in over 18 months, as relative yields on bonds in the U.S. were near the lowest level since June.

The four-part transaction follows a 750 million euro ($1 billion) note sale in April and a C$750 million ($727 million) deal by the company in May.

BHP last sold into the U.S. market in February 2012, when it priced $5.25 billion of debt in a five-part sale.