Rio Tinto makes use of unsecured debt to finance short-term financing
Commercial paper is a short-term unsecured debt security that a company
issues in exchange for cash. Outstanding commercial paper volumes will
depend upon Rio Tinto's short-term financing needs.
US commercial paper
Up to US$4 billion
- Rio Tinto America Inc
- Rio Tinto Finance (USA) plc
- Rio Tinto (Commercial Paper) Limited
Instruments issued by Rio Tinto America Inc and Rio Tinto Finance (USA) plc will be unconditionally and irrevocably guaranteed by Rio Tinto plc.
Instruments issued by Rio Tinto (Commercial Paper) Limited will be unconditionally and irrevocably guaranteed by Rio Tinto Limited.
In addition, Instruments are entitled to the benefit of deed poll
guarantees entered into by each of Rio Tinto plc and Rio Tinto Limited
pursuant to which each of Rio Tinto plc and Rio Tinto Limited has
guaranteed the relevant contractual obligations of the other company (and
the relevant obligations of other persons that are guaranteed by the other
Dealers: JP Morgan Chase and Credit Suisse
Issue and Paying Agent: Bank of America Merrill Lynch