OREANDA-NEWS. August 22, 2012. Rio Tinto has priced USD 3.0 billion of fixed rate bonds with a weighted average coupon of 2.67% and a weighted average maturity of 12.9 years.

The offering comprises USD 1.25 billion of 5-year, USD 1.0 billion of 10-year and USD 750 million of 30-year 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 5-year notes pay a coupon of 1.625% and will mature on 21 August 2017.

The 10-year notes pay a coupon of 2.875% and will mature on 21 August 2022.

The 30-year notes pay a coupon of 4.125% and will mature on 21 August 2042.

HSBC Securities (USA) Inc., Morgan Stanley & Co. LLC, RBS Securities Inc., BNP Paribas Securities Corp., RBC Capital Markets, LLC, SG Americas Securities, LLC and Standard Chartered Bank acted as Joint Bookrunners.