Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Rio Tinto Obtains $7.5 Billion Credit Line to Refinance Debt

Rio Tinto Plc, the world’s second-largest mining company, obtained a $7.5 billion syndicated credit line to replace an existing debt facility.

The loan was provided by a group of lenders, company spokesman David Outhwaite said in an e-mailed statement. He declined to comment on the terms of the debt.

The credit line will replace the company’s existing $6 billion facility and comprises three- and five-year portions, according to data compiled by Bloomberg. The debt pays an interest margin of 30 basis points, or 0.3 percentage points, more than benchmarks for the shorter piece and 35 basis points for the other part, the data show.

Rio is rated A3 by Moody’s Investors Service, its sixth highest ranking, and an equivalent A- by Standard & Poor’s and Fitch Ratings.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.