BRIEF-Teck Resources announces $1 bln note offering

Mon May 23, 2016 3:36pm EDT
 
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May 23 (Reuters) - Teck Resources Ltd

* Teck resources ltd says that it has commenced an offering of US$1 billion aggregate principal amount of senior unsecured notes

* Intends to use proceeds to fund previously announced tender offers to purchase for cash up to $1 billion amount of notes due 2017

* Intends to use proceeds to also fund tender offers to purchase up to 3.850% notes due 2017, notes due 2018 and notes due 2019

* Teck announces proposed private placement of notes Source text for Eikon: Further company coverage: [ ] (Bengaluru Newsroom; +1 646 223 8780)