Slaughter and May advised BHP Billiton Finance - issue of EUR 2 billion notes under Guaranteed EMTN Program
Slaughter and May advised BHP Billiton Finance Limited, as Issuer, and BHP Billiton Limited, as Guarantor, on BHP Billiton Finance Limited's issue of EUR 600 million 3-month EURIBOR + 0.35% floating rate notes due April 2020, EUR 650 million 0.75% notes due 28 October 2022 and EUR 750 million 1.50% notes due 29 April 2030 under its EUR 20 billion Guaranteed Euro Medium Term Note Programme. All three tranches of notes are guaranteed by BHP Billiton Limited and the proceeds will be used for general corporate purposes.
Banco Santander S.A., Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG (London Branch), Société Générale, The Royal Bank of Scotland PLC and Unicredit Bank AG acted as Joint Lead Managers. Banca IMI S.p.A., ING Bank N.V. (Belgian Branch), Lloyds Bank PLC, Standard Chartered Bank and UBS Limited acted as Co-Lead Managers.
Slaughter and May provided English law advice, Australian law advice was provided by Herbert Smith Freehills and Australian tax law advice was provided by Greenwoods & Herbert Smith Freehills.