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The world’s biggest miner announced it was selling notes in five different maturities.
The global bond includes $1 billion in senior floating rate notes due in 2014 paying interest at a three-month London interbank offered rate plus 27 basis points; $1 billion 1% senior notes due in 2015; $1.25 billion 1.625% senior notes due in 2017; $1 billion 2.875% senior notes due in 2022; and $1 billion 4.125% senior notes due in 2042.
Funds from the sale will go towards debt refinancing including the retirement of commercial paper and general corporate purposes.
The news comes after BHP launched a $3 billion bond issue in the US market in November last year.
