Rio mulls rights issue as $9bn loan tranche looms
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Rio mulls rights issue as $9bn loan tranche looms

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Rio Tinto, the Anglo-Australian miner, said today that it was considering a A$6bn ($4bn) rights issue to help take out a syndicated loan, $8.9bn of which matures in October. The announcement exemplifies the pressure that borrowers who took out jumbo loans in the last few years are under.

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