Rio Tinto launches debt buy-back programme
Rio Tinto launched its second debt buy-back programme in as many months on Tuesday.
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The global mining group offered to repurchase up to $3bn of debt maturing in 2018, 2020 and 2022, but with priority having been assigned to the shortest of those maturities.
The deadline to take-up its offer on the 2018 notes was set for 17:00 EST on 13 June.
In April, the company carried out a successful buyback of another $1.5bn in debt maturing in 2017 and 2018.
Stock in Rio Tinto closed 0.15% lower at 2,012.5p.