Rio Tinto Finance Plc, founded in 2000 and based in London, serves as a financing subsidiary of the global mining company Rio Tinto Group, headquartered in Australia. The company primarily focuses on raising capital through a variety of debt instruments to support the operations and strategic initiatives of its parent company.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| RIOLN 4.00% 2029-12-11 GBPRio Tinto Finance Plc | United Kingdom | 2029-12-11 | 4.000 | 4.49 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Rio Tinto Finance Plc has been an active participant in the bond market, with its first bond issuance occurring in 2001. Over the years, it has issued various bonds primarily aimed at refinancing corporate debt and funding acquisitions, most notably a $1.75 billion issuance in 2018 to help finance the acquisition of the Oyu Tolgoi copper-gold project in Mongolia. Currently, the yields on its bonds are competitive within the industry, reflecting the company's solid credit rating and investor confidence, bolstered by a strong operational framework and strategic asset management.