Teck prices $1.25bn of senior notes

Canadian diversified miner Teck Resources has announced the pricing of an offering of $1.25-billion in senior unsecured notes, comprising $650-million of five-year notes and $600-million of eight-year notes. The Vancouver, British Columbia-headquartered company advised that the notes would be guaranteed on a senior unsecured basis by its subsidiaries Teck Metals, Teck Coal Partnership, Teck Financial, TCL US Holdings and Teck Alaska Incorporated.