BHP 1.73% $39.48 bhp group limited

The cash is needed by BHP to refinance a $A46 billion loan Rio...

  1. 170 Posts.
    lightbulb Created with Sketch. 2
    The cash is needed by BHP to refinance a $A46 billion loan Rio Tinto raised to buy Canadian mining company Alcan last year.

    A change-of-control clause means BHP has to refinance this facility within 45 days of the deal closing.

    The new financing facility is expected to give BHP flexibility to execute a $A34 billion share buyback proposed as part of the deal to buy Rio or add a cash element to the current all-share offer.
 
watchlist Created with Sketch. Add BHP (ASX) to my watchlist
(20min delay)
Last
$39.48
Change
0.670(1.73%)
Mkt cap ! $199.5B
Open High Low Value Volume
$39.19 $39.77 $39.10 $211.9M 5.360M

Buyers (Bids)

No. Vol. Price($)
10 1185 $39.48
 

Sellers (Offers)

Price($) Vol. No.
$39.49 2266 8
View Market Depth
Last trade - 14.56pm 13/09/2024 (20 minute delay) ?
BHP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.