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BRIEF-Rio Tinto to reduce gross debt by $1.5 billion

Published 06/05/2016, 08:33 am
Updated 06/05/2016, 08:40 am
© Reuters.  BRIEF-Rio Tinto to reduce gross debt by $1.5 billion
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May 6 (Reuters) - Rio Tinto (LON:RIO) Ltd RIO.AX :

* Rio Tinto to reduce gross debt by $1.5 billion RIO.AX

* Will reduce its near term maturing gross debt after accepting for purchase a

total of $141 million of debt under its Dutch auction offer

* Final aggregate principal amount of securities purchased under the any and

all offer that expired on 27 April 2016 was $1.359 billion

* Says Dutch auction offer, was oversubscribed at 5pm, New York City time, on 4

may 2016

* Source text for Eikon ID:nASX3BsgdT

*

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