Rio Tinto Finance (USA) Prices $1.2 Bln Of 10 Year Fixed Rate Notes

(RTTNews) - Anglo-Australian mining giant Rio Tinto (RTNTF, RIO, RIO.L, RTPPF) announced that it has priced $1.2 billion of 10-year fixed rate SEC-registered debt securities. The notes will pay a coupon of 3.75 per cent and will mature on 15 June 2025.

The bonds will be issued by Rio Tinto Finance (USA) Limited and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited.

Additionally, Rio Tinto issued a notice of redemption for all of its 2.50 per cent notes due 20 May, 2016 and 2.25 per cent notes due 20 September, 2016 guaranteed by Rio Tinto plc and Rio Tinto Limited, of which $1.2 billion in aggregate principal amount is outstanding. The redemption date is 11 July 2015.