RIO rio tinto limited

News: RIO Miner Rio Tinto launches $2.5 bln bond buyback

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    LONDON, May 22 (Reuters) - Global miner Rio Tinto RIO.L (RIO) said on Monday it would launch a new bond buyback of up to $2.5 billion in an effort to cut debt.

    The London-listed miner said it had issued a redemption notice for $1.72 billion of its 2019 and 2020 dollar-denominated notes and a cash tender offer to buy about $781 million of its five 2021, 2022 and 2025 notes.

 
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Last
$116.33
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