Site icon Hot Paths

Rio Tinto raises $9B for Arcadium Lithium buyout – Bloomberg (RIO:NYSE)

La Cour Rio Tinto sign at their office in Montreal, QC, Canada.

JHVEPhoto/iStock Editorial via Getty Images

Rio Tinto (NYSE:RIO) sold $9B of U.S. investment-grade bonds, as the miner raised funds for its recently-closed buyout of Arcadium Lithium, Bloomberg reported Tuesday.

The debt was sold in eight parts, including 40-year bonds that yield 1.33 percentage point more than

Exit mobile version