SYDNEY, June 8 (Reuters) - Resources giant Rio Tinto RIO.L RIO.AX has released a cash tender offer to purchase $3 billion of debt in its second major buyback in as many months.
The offer to purchase 2018, 2020, 2021 and 2022 US dollar-denominated notes is part of its plan to reduce gross debt, the company said on Wednesday. The offer expires on 13 June.
The buyback comes shortly after the April purchase of $1.5 billion of the dual-listed company's 2017 and 2018 notes.