BHP Billiton raises 1bn Aussie dollars

BHP Billliton priced a five-year one billion Australian dollar note on Monday issued under its Australian Medium Term Note programme.

BHP Billliton priced a five-year one billion Australian dollar note on Monday issued under its Australian Medium Term Note programme.

According to a report in the Wall Street Journal, the world's largest miner by value sold the five-year bonds at 0.90 percentage points over the underlying swap rate, tighter than original guidance of 0.95 percentage points, demonstrating keen investor demand.

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