|
BHP Billiton - concludes any and all offer
BHP Billiton announced today, 28 February 2016, the final results of the Any and All Offer as part of its USD2.5 billion bond repurchase plan.
BHP Billiton will spend USD1 086 081 286.68 repurchasing debt under the Any and All Offer and will spend up to USD863 918 713.32 repurchasing debt in the Maximum Tender Offers. As announced previously, the USD500 000 000 2.050% senior notes due 2018 will be redeemed as part of the bond repurchase plan.
BHP Billiton Finance (USA) Ltd., a wholly-owned subsidiary of BHP Billiton, announced the results of its previously announced tender offer for any and all of its outstanding USD1 750 000 000 6.500% senior notes due 2019 (Any and All Notes) (Any and All Offer) and the Maximum Tender Offer Cap for the tender offer for its USD1 250 000 000 3.250% senior notes due 2021, its USD1 000 000 000 2.875% senior notes due 2022 and its USD1 500 000 000 3.850% senior notes due 2023 (Maximum Tender Offers and, together with the Any and All Offer, Tender Offers), which is an aggregate purchase price (excluding accrued interest) of up to USD1 950 000 000 less the aggregate purchase price (excluding accrued interest) of the Any and All Notes validly tendered and accepted for purchase in the Any and All Offer (Maximum Tender Offer Cap).
|
Click here for original article
|
|
BHP Billiton - pricing of any and all offer
BHP Billiton announced today, 28 February 2016, the pricing of the Any and All Offer as part of its USD2.5 billion bond repurchase plan.
BHP Billiton Finance (USA) Ltd., a wholly-owned subsidiary of BHP Billiton, announced the pricing as set out in the table detailed in the relevant SENS note of its previously announced tender offer for any and all of its outstanding USD1 750 000 000 6.500% senior notes due 2019 (Any and All Notes) (Any and All Offer).
The Any and All Offer has been made pursuant to the terms and conditions set forth in the offer to purchase, dated 21 February 2017 (Offer to Purchase), and the related letter of transmittal and notice of guaranteed delivery (together, Tender Offer Documents). Terms not defined in this announcement have the meanings given to them in the Tender Offer Documents.
The Any and All Offer will expire at 5:00 p.m., New York City time, on 27 February 2017 (such time and date, the Expiration Date). Any and All Notes tendered may be withdrawn prior to or at, but not after, 5:00 p.m., New York City time, on 27 February 2017. Holders of Any and All Notes are required to validly tender and not validly withdraw their Any and All Notes prior to or at the Expiration Date to be eligible to receive the Total Consideration.
The Any and All Offer is subject to the satisfaction of certain conditions, as set forth in the Tender Offer Documents.
|
Click here for original article
|
|
BHP Billiton - launches bond repurchase plan
BHP Billiton announced that the board has approved a bond repurchase plan of up to USD2.5 billion. The plan will target 2018, 2019, 2021, 2022 and 2023 US dollar denominated notes and be funded by BHP Billiton’s strong USD14 billion cash position. Early repayment of these bonds will extend the Group’s average debt maturity profile and enhance BHP Billiton’s capital structure.
BHP Billiton Finance (USA) Ltd. announces offers to purchase up to USD1 950 000 000 aggregate purchase price (excluding accrued interest) of the 2019, 2021, 2022 and 2023 notes, and the redemption of its USD500 000 000 2.050% senior notes due 2018.
|
Click here for original article
|
|
BHP Billiton - interim results presentation
The following document has today been submitted to the National Storage Mechanism and will shortly be available for inspection at www.hemscott.com/nsm.do:
- BHP Billiton Interim Results Presentation
The document may also be accessed via BHP Billiton’s website - www.bhpbilliton.com
The Webcast for this presentation can be accessed at: http://edge.media-server.com/m/p/9z6ohcy5
|
Click here for original article
|
|
BHP Billiton - board changes
BHP Billiton Chairman, Jac Nasser, announced the appointment of Grant King to the BHP Billiton Board as an independent Non-executive Director, effective as of 1 March 2017.
Pat Davies, who has been a Non-executive Director of BHP Billiton since June 2012, will retire from the Board, with effect from 6 April 2017, to focus on his family business and to pursue other interests.
|
Click here for original article
|
|
BHP Billiton - project investment approval
BHP Billiton announced that the Board has approved expenditure of USD2.2 billion for its share of the development of the Mad Dog Phase 2 project in the Gulf of Mexico.
BHP Billiton holds a 23.9 per cent participating interest in the Mad Dog field. BP, the operator, holds a 60.5 per cent participating interest, and Union Oil Company of California, an affiliate of Chevron U.S.A. Inc., holds the remaining 15.6 per cent participating interest. During the fourth quarter of 2016, BP sanctioned the Mad Dog Phase 2 project.
Mad Dog Phase 2, located in the Green Canyon area in the Deepwater Gulf of Mexico, is a southern and southwestern extension of the existing Mad Dog field. The project includes a new floating production facility with the capacity to produce up to 140,000 gross barrels of crude oil per day from up to 14 production wells. Production is expected to begin in the 2022 financial year.
|
Click here for original article
|
|
|
|
Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
|
|
|