Teck Resources Completes US$2 Billion Debt Offering 

 

July 2011

On July 5, 2011, Teck Resources completed a public offering in the United States of US$2 billion in aggregate principal amount of new senior unsecured notes, comprised of US$300 million aggregate principal amount of 3.15% notes due 2017, US$700 million aggregate principal amount of 4.75% notes due 2022 and US$1.0 billion aggregate principal amount of 6.25% notes due 2041. 

Teck was represented in-house by Nick Uzelac, Corporate Counsel, and in Canada by McMillan LLP with a team in Toronto that included Craig Manuel and Andrew Tam (securities and corporate), Eric Friedman (banking); and a team in Vancouver that included John Morrison (banking), Amandeep Sandhu (securities and corporate) and Peter Botz and Christine Man (tax).