Rio edges closer to BHP in euro, sterling quasi-debut for $2.5bn

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Rio edges closer to BHP in euro, sterling quasi-debut for $2.5bn

Rio Tinto, the UK mining company, has brought to an end a month’s wait by issuing a $2.5bn-equivalent bond in euros and sterling. The heavy demand for the deal showed Rio Tinto had lost nothing by the delay — although it was perhaps lucky markets had not worsened.

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