The world's biggest iron ore producer Rio Tinto will raise $9 billion in U.S. investment-grade bonds as it seeks to fund its recently-closed buyout of Arcadium Lithium, the miner said on Wednesday. Rio is offering the fixed and floating rate debt in eight tranches with terms varying from two years to 40 years.

Rio Tinto Group said it’s seeking to sell bonds in the US to help repay a bridging loan used to finance its $6.7 billion acquisition of Arcadium Lithium Plc.

The world's biggest iron ore producer Rio Tinto is offering $9 billion in U.S. investment-grade bonds as the miner seeks funding for its recently-closed buyout of Arcadium Lithium, Bloomberg News reported on Tuesday.

Rio Tinto Ltd (ASX:RIO) is raising $9 billion through U.S. investment-grade bonds to refinance its $6.7 billion acquisition of Arcadium Lithium PLC (NYSE:ALTM), Bloomberg reported. The debt offering,

The deal positions Rio Tinto as the ultimate parent company of Arcadium Lithium, now renamed Rio Tinto Lithium.

Australian mining group Rio Tinto has finalised the takeover of the lithium producer Arcadium from the USA, which was announced in October. The

Rio Tinto Group has scrapped plans to raise as much as $5 billion in a share sale following pushback from investors, people with knowledge of the matter said.

Rio Tinto Plc sold $9 billion of US investment-grade bonds Tuesday, raising funds for its just-closed acquisition of Arcadium Lithium Plc.Most Read from BloombergNYC Congestion Pricing Toll Gains Supp