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Rio Tinto Finance (USA) plc prices US$9.0 billion of fixed and floating rate notes

LONDON--(BUSINESS WIRE)--Rio Tinto has priced US$9.0 billion of fixed and floating rate SEC-registered debt securities. The bonds will be issued by Rio Tinto Finance (USA) plc and will be fully and unconditionally guaranteed by Rio Tinto plc and Rio Tinto Limited. The bond offer consists of eight tranches and the principal amount, tenor and coupon for each tranche are as follows:

  • US$500 million two-year notes priced at a fixed coupon of 4.375% maturing in 2027
  • US$750 million three-year notes priced at a fixed coupon of 4.500% maturing in 2028
  • US$500 million three-year notes priced at a floating rate coupon of Compounded SOFR plus 0.840% maturing in 2028
  • US$1.75 billion five-year notes priced at a fixed coupon of 4.875% maturing in 2030
  • US$1.25 billion seven-year notes priced at a fixed coupon of 5.000% maturing in 2032
  • US$1.75 billion ten-year notes priced at a fixed coupon of 5.250% maturing in 2035
  • US$1.75 billion thirty-year notes priced at a fixed coupon of 5.750% maturing in 2055
  • US$750 million forty-year notes priced at a fixed coupon of 5.875% maturing in 2065

Rio Tinto intends to use the net proceeds for general corporate purposes, including to repay debt incurred pursuant to a bridge loan facility in order to finance the acquisition of Arcadium Lithium.

BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Mizuho Securities USA LCC and RBC Capital Markets, LLC acted as Joint Book-running Managers, Australia and New Zealand Banking Group Limited, Bank of China Limited, London Branch, China Construction Bank (Asia) Corporation Limited, CIBC World Markets Corp., Credit Agricole Securities (USA) Inc., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., ICBC Standard Bank Plc, Santander US Capital Markets LLC, SG Americas Securities, LLC, SMBC Nikko Securities America Inc., TD Securities (USA) LLC acted as Joint Bookrunners, DBS Bank Ltd., nabSecurities, LLC, Natixis Securities Americas LLC, Scotia Capital (USA) Inc. and Westpac Banking Corporation acted as Co-Managers

IMPORTANT INFORMATION

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful. The offering to which this media release relates was made pursuant to an effective registration statement that Rio Tinto Finance (USA) Limited, Rio Tinto Finance (USA) plc, Rio Tinto Finance (USA) Inc., Rio Tinto plc and Rio Tinto Limited (together, “Rio Tinto”) filed with the US Securities and Exchange Commission (the “SEC”) and only by means of a prospectus supplement and accompanying base prospectus. Rio Tinto will file with the SEC a final prospectus supplement to the base prospectus for the offering. You can obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Copies of the prospectus supplement, the accompanying base prospectus and the final prospectus relating to the offering can be obtained from Rio Tinto at the registered address below, any underwriter or any dealer participating in the offering (BNP Paribas Securities Corp. at +1 (800) 854-5674, BofA Securities, Inc. at +1 (800) 294-1322, Citigroup Global Markets Inc. at +1 (800) 831-9146, J.P. Morgan Securities LLC at +1 (212) 834-4533, Mizuho Securities USA LLC at +1 (866) 271-7403 and RBC Capital Markets, LLC at +1 (866) 375-6829).

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

Media Relations,
United Kingdom
David Outhwaite
M +44 7787 597 493

Media Relations,
Australia
Matt Chambers
M +61 433 525 739
Michelle Lee
M +61 458 609 322
Rachel Pupazzoni
M +61 438 875 469

Media Relations,
Canada
Simon Letendre
M +1 514 796 4973
Malika Cherry
M +1 418 592 7293
Vanessa Damha
M +1 514 715 2152

Media Relations,
US
Jesse Riseborough
M +1 202 394 9480

Investor Relations,
United Kingdom
Rachel Arellano
M:
+44 7584 609 644
David Ovington
M +44 7920 010 978
Laura Brooks
M +44 7826 942 797
Weiwei Hu
M +44 7825 907 230

Investor Relations,
Australia
Tom Gallop
M +61 439 353 948
Amar Jambaa
M +61 472 865 948

Rio Tinto plc
6 St James’s Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2000
Registered in England
No. 719885

Rio Tinto Limited
Level 43, 120 Collins Street
Melbourne 3000
Australia
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404

This announcement is authorised for release to the market by Andy Hodges, Rio Tinto's Group Company Secretary.

riotinto.com

Category: General

Rio Tinto

LSE:RIO

Release Versions

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

Media Relations,
United Kingdom
David Outhwaite
M +44 7787 597 493

Media Relations,
Australia
Matt Chambers
M +61 433 525 739
Michelle Lee
M +61 458 609 322
Rachel Pupazzoni
M +61 438 875 469

Media Relations,
Canada
Simon Letendre
M +1 514 796 4973
Malika Cherry
M +1 418 592 7293
Vanessa Damha
M +1 514 715 2152

Media Relations,
US
Jesse Riseborough
M +1 202 394 9480

Investor Relations,
United Kingdom
Rachel Arellano
M:
+44 7584 609 644
David Ovington
M +44 7920 010 978
Laura Brooks
M +44 7826 942 797
Weiwei Hu
M +44 7825 907 230

Investor Relations,
Australia
Tom Gallop
M +61 439 353 948
Amar Jambaa
M +61 472 865 948

Rio Tinto plc
6 St James’s Square
London SW1Y 4AD
United Kingdom
T +44 20 7781 2000
Registered in England
No. 719885

Rio Tinto Limited
Level 43, 120 Collins Street
Melbourne 3000
Australia
T +61 3 9283 3333
Registered in Australia
ABN 96 004 458 404

This announcement is authorised for release to the market by Andy Hodges, Rio Tinto's Group Company Secretary.

riotinto.com

Category: General

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