BHP prices $1.5 bn US bond offering

BHP Group Limited (BHP) has priced a $1,500,000,000 senior unsecured bond offering in the US market. The bonds will be issued by BHP Billiton Finance (USA) Limited, a wholly owned subsidiary, and guaranteed by BHP. This offering was made pursuant to BHP's US debt registration statement.

The bond offer consists of two tranches. The first tranche comprises $500,000,000 ten-year bonds priced at a fixed coupon of 5.000%, maturing in 2036. The second tranche includes $1,000,000,000 thirty-year bonds priced at a fixed coupon of 5.750%, maturing in 2055.

BHP intends to utilize the proceeds from this bond offering for general corporate purposes. Settlement of the bonds is anticipated to occur on September 5, 2025, pending customary closing conditions.