Aug 22 (Reuters) - Bhp Billiton (LON:BLT) Ltd BHP.AX
* launches euro bond repurchase plan
* Approved a global multi-currency bond repurchase plan.
* multi-currency plan will be subject to global aggregate cap of us$2.5 billion and will be funded by bhp's strong us$14.2 billion cash position
* Multi-Currency plan will be subject to a global aggregate cap of us$2.5 billion
* plan will comprise two transactions, one targeting bonds issued under bhp euro medium-term notes programme and other targeting bonds issued under u.s. Debt capital markets programme
* Euro bond repurchase plan will target 2018, 2020, 2022 and 2024 euro denominated notes and 2024 sterling denominated notes.
* The U.S. Bond repurchase plan will target 2021, 2022 and 2023 us dollar denominated notes.