BRIEF-Teck says priced US$1.25 billion of 5 and 8-year notes

Thu May 26, 2016 5:19pm EDT
 
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May 26 (Reuters) - Teck Resources Ltd

* Five-Year notes will bear interest at rate of 8.000% per annum

* Eight-Year notes will bear interest at rate of 8.500% per annum and will be callable on or after June 1, 2019

* Expects to receive aggregate net proceeds of approximately US$1.23 billion from offering

* Teck announces pricing of US$1.25 billion of 5 and 8-year notes Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)