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Teck makes US$550 million notes offering

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Kitco News

(Kitco News) – Teck intends to use the net proceeds from the offering, together with cash on hand if necessary, to fund its previously announced tender offers to purchase any and all of the combined US$538,695,000 aggregate principal amount outstanding of its 4.500% Notes due 2021, 4.75% Notes due 2022 and 3.750% Notes due 2023, subject to the terms and conditions specified in the related offer to purchase.

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