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(Reuters) -The world's biggest iron ore producer Rio Tinto will raise $9 billion in U.S. investment-grade bonds as it seeks to fund its recently-closed buyout of Arcadium Lithium, the miner said on Wednesday.
Rio is offering the fixed and floating rate debt in eight tranches with terms varying from two years to 40 years.
The Anglo-Australian mining giant last week completed its $6.7 billion acquisition of the U.S.-based Arcadium Lithium, as it looks to diversify away from iron ore towards crit...
>>> Read more: Rio Tinto to raise $9 billion in debt for Arcadium Lithium buyout
Rio is offering the fixed and floating rate debt in eight tranches with terms varying from two years to 40 years.
The Anglo-Australian mining giant last week completed its $6.7 billion acquisition of the U.S.-based Arcadium Lithium, as it looks to diversify away from iron ore towards crit...
>>> Read more: Rio Tinto to raise $9 billion in debt for Arcadium Lithium buyout