
Rio Tinto Finance (USA) Limited, founded in 2008 and headquartered in New York, serves as a subsidiary of the global mining giant Rio Tinto Group, which is based in London, UK. The company primarily focuses on raising capital by issuing debt instruments to support its parent company’s operational and growth initiatives across the mineral extraction sector.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
RIOLN 2.75% 2051-11-02 USDRio Tinto Finanace (USA) Limited | Australia | 2051-11-02 | 2.750 | 5.52 |
RIOLN 5.20% 2040-11-02 USDRio Tinto Finanace (USA) Limited | Australia | 2040-11-02 | 5.200 | 5.15 |
RIOLN 7.13% 2028-07-15 USDRio Tinto Finanace (USA) Limited | Australia | 2028-07-15 | 7.125 | 3.95 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Rio Tinto Finance (USA) Limited has established itself in the bond market with notable issuances, starting in 2010. Their recent bond offerings include a significant $1 billion 10-year bond issued in March 2023, which attracted strong investor demand, reflecting robust market confidence. Currently, yields on their corporate bonds are competitive compared to industry averages, enhancing their appeal to fixed-income investors. This stability is further underscored by the company’s strategic focus on sustainable mining, which positions it favorably amid growing environmental and social governance (ESG) criteria.