June 2 (Reuters) - Teck Resources Ltd TECKb.TO :
* Teck announces redemption of us$214 million principal amount of notes
* Teck Resources Ltd - teck expects to fund redemptions from cash on hand
* Teck Resources Ltd- notice of redemption to redeem, on june 7, 2017, all of approximately $84 million principal amount of its 3.000 pct notes due 2019
* Teck Resources Ltd - interest expense savings resulting from redemption are expected to be approximately us$10 million per annum, on an after-tax basis
* Teck Resources Ltd - expects to record an estimated net after-tax accounting charge of approximately us$19 million in connection with redemption Source text for Eikon: ID:nCCNmfhqPa Further company coverage: TECKb.TO