CAPITAL MARKETS

BHP eyes $US3.25B raising

MINING giant BHP Billiton is planning to issue $US3.25 billion ($A4.8 billion) in bonds, saying the funds will go towards “general corporate purposes”.

Kate Haycock
BHP eyes $US3.25B raising

The company said the bond consists of one $US1.5 billion in senior notes with a 5.5% coupon rate, due in 2014, and $US1.75 billion in senior notes with a 6.5% coupon rate, due 2019. Barclays Capital,...

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