08:19 AM EST, 02/19/2025 (MT Newswires) -- BHP Group ( BHP ) said Wednesday that it has priced $3 billion of senior unsecured bonds in the US issued by its subsidiary BHP Billiton Finance.

The mining company said the bond offer consists of three tranches. One is a $1.25 billion 10-year bond at a fixed coupon of 5.3% that matures in 2035. Another is a $1 billion five-year bond at a fixed coupon of 5% maturing in 2030. And the third tranche is a $750 million seven-year bond at a fixed coupon of 5.125%, which matures in 2032.

BHP said it plans to use the proceeds for general corporate purposes.

Shares of BHP were down 2% in recent premarket activity.