BHP Billiton announces Can$750 million bond

BHP Billiton (NYSE:BHP) will issue a Can$750 million bond to be used for debt refinancing.

Part of the proceeds will be used to retire commercial paper.

The 3.23% bonds will be due in 2023.

The bond will fall under BHP Billiton's  Euro Medium Term Note Programme.

Correction: Information about lead managers in original story was incorrect and was removed.