|
BIL 201509220005A
Global Debt Investor Marketing Announcement
BHP Billiton Plc
Registration number 3196209
Registered in England and Wales
Share code: BIL
ISIN: GB0000566504
NEWS RELEASE
Release Time IMMEDIATE
Date 22 September 2015
Number 19/15
GLOBAL DEBT INVESTOR MARKETING ANNOUNCEMENT
BHP Billiton has today announced that it will undertake a global debt investor marketing
effort across Europe, Asia and the United States commencing 28 September 2015. Subject
to market conditions, it may then consider the issuance of multi-currency hybrid capital
instruments to institutional debt investors.
BHP Billiton is contemplating additional funding for general corporate purposes, including
refinancing existing near-term debt maturities. The increasing interest in hybrid capital by
global debt investors combined with the relatively low interest rate environment make this an
opportune time for BHP Billiton to consider hybrid capital instruments.
The additional advantages of hybrid capital instruments for BHP Billiton include:
• further diversification of BHP Billiton’s debt investor base;
• an expected 50 per cent equity : 50 per cent debt treatment by the rating agencies,
consistent with recent corporate issuances; and
• valuable flexibility to support growth and a solid A credit rating through the cycle.
BHP Billiton is not considering a hybrid that contains any rights to convert the security into
BHP Billiton shares.
BHP Billiton is rated A1 (outlook stable) by Moody’s and A+ (outlook negative) by Standard
& Poors.
The securities described in this announcement have not been, and will not be, registered
under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or any state
securities laws, and may not be offered or sold in the United States absent an effective
registration statement covering such securities or an applicable exemption from such
registration requirements. This announcement is being issued in accordance with Rule 135c
under the Securities Act.
Sponsor: Merrill Lynch South Africa Proprietary Limited
Media Relations Investor Relations
Australia Australia
Emily Perry Tara Dines
Tel: +61 3 9609 2800 Mobile: +61 477 325 803 Tel: +61 3 9609 2222 Mobile: +61 499 249 005
email: Emily.Perry@bhpbilliton.com email: Tara.Dines@bhpbilliton.com
Paul Hitchins Andrew Gunn
Tel: + 61 3 9609 2592 Mobile: + 61 419 315 001 Tel: +61 3 9609 3575 Mobile: +61 402 087 354
email: Paul.Hitchins@bhpbilliton.com email: Andrew.Gunn@bhpbilliton.com
Eleanor Nichols United Kingdom and South Africa
Tel: +61 3 9609 2360 Mobile: +61 407 064 748
email: Eleanor.Nichols@bhpbilliton.com Jonathan Price
Tel: +44 20 7802 4131 Mobile: +44 7990 527 726
United Kingdom and Americas email: Jonathan.H.Price@bhpbilliton.com
Ruban Yogarajah Dean Simon
Tel: +44 20 7802 4033 Mobile: +44 7827 082 022 Tel: +44 20 7802 7461 Mobile: +44 7717 511 193
email: Ruban.Yogarajah@bhpbilliton.com email: Dean.Simon@bhpbilliton.com
Jennifer White Americas
Tel: +44 20 7802 7462 Mobile: +44 7827 253 764
email: Jennifer.White@bhpbilliton.com James Agar
Tel: +1 212 310 1421 Mobile: +1 347 882 3011
email: James.Agar@bhpbilliton.com
Joseph Suarez
Tel: +1 212 310 1422 Mobile: +1 646 400 3803
email: Joseph.Suarez@bhpbilliton.com
BHP Billiton Limited ABN 49 004 028 077 BHP Billiton Plc Registration number 3196209
Registered in Australia Registered in England and Wales
Registered Office: Level 16, 171 Collins Street Registered Office: Neathouse Place
Melbourne Victoria 3000 Australia London SW1V 1LH United Kingdom
Tel +61 1300 55 4757 Fax +61 3 9609 3015 Tel +44 20 7802 4000 Fax +44 20 7802 4111
Members of the BHP Billiton Group which is headquartered in Australia
Follow us on social media
Date: 22/09/2015 08:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS. |
|