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BRIEF-Teck Resources announces $1 bln note offering

Published 2016-05-23, 03:36 p/m
© Reuters.  BRIEF-Teck Resources announces $1 bln note offering

May 23 (Reuters) - Teck Resources Ltd
* Teck resources ltd says that it has commenced an offering
of US$1 billion aggregate principal amount of senior unsecured
notes
* Intends to use proceeds to fund previously announced
tender offers to purchase for cash up to $1 billion amount of
notes due 2017
* Intends to use proceeds to also fund tender offers to
purchase up to 3.850% notes due 2017, notes due 2018 and notes
due 2019
* Teck announces proposed private placement of notes

Source text for Eikon: ID:nCCN1Zw92l
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