BHP Billiton Completes $750M Maple Bond Offering

BHP Billiton completed a maple bond offering of unsubordinated and unsecured notes due May 15, 2023, in the aggregate principal amount of $750 million (the “Notes”) under its €20-billion euro medium term note program. The offering was made by way of a private placement. The proceeds of the offering will be used for debt refinancing, including the retirement of commercial paper.

The Notes were sold through CIBC World Markets Inc., Scotia Capital Inc., RBC Dominion Securities Inc. and TD Securities Inc.

BHP Billiton was assisted in Canada by Blake, Cassels & Graydon LLP with a team that included Jeff Lloyd, Markus Viirland and Gordon McKenna (corporate and securities); and with respect to English law by Slaughter and May with a team that included Philip Snell and Caroline Phillips.

The dealers were represented in Canada by Stikeman Elliott LLP with a team that included D'Arcy Nordick, Sherry Roth, Jeff Hershenfield and Bradley Zander (corporate and securities); and with respect to English law by Allen & Overy LLP with a team that included Christopher Hardingham.