Teck announces cash tender offers for up to us$1.25 billion of debt securities

Vancouver, british columbia, july 04, 2024 (globe newswire) -- teck resources limited (tsx: teck.a and teck.b, nyse: teck) (“teck”) today announced the commencement of six separate offers (the “offers”) to purchase for cash up to us$1,250,000,000 aggregate principal amount of its outstanding notes of the series listed in the table below (collectively, the “notes”). subject to the maximum purchase condition (as defined below), the series of notes that are purchased in the offers will be based on the acceptance priority levels (each, an “acceptance priority level”) set forth in the table below. if a given series of notes is accepted for purchase pursuant to the offers, all notes of that series that are validly tendered will be accepted for purchase. no series of notes will be subject to proration pursuant to the offers.
TECK Ratings Summary
TECK Quant Ranking