BHP Billiton plans to buy back $1.9 billion of bonds to reduce debt and optimize capital institutions

Sep 3, 2020 11:26

Source:SMM compilation

BHP Billiton reportedly plans to buy back up to $1.9 billion of bonds to reduce debt, reduce associated interest costs and continue to optimize the group's capital structure.

SMM9 March 3: it is reported that BHP Billiton plans to buy back up to $1.9 billion of bonds to reduce debt, reduce related interest costs and continue to optimize the group's capital institutions.

The world's largest mining company has made huge profits from iron ore, which soared to more than $100 a tonne and now has large cash reserves.

BHP's underlying profit from continuing operations for the year ended June 30 was $9.06 billion, mainly due to the negative impact of the epidemic offset by higher iron ore prices.

Scan the code to apply to join the SMM Iron and Steel Industry Exchange Group

BHP Billiton

capital

iron ore

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

BHP Billiton plans to buy back $1.9 billion of bonds to reduce debt and optimize capital institutions

SMM Events & Webinars

NET ZERO CHINA Field Trip

2025 ASIA BATTERY MATERIAL COOPERATION SALON

SMM LME Metals Seminar 2025