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Amendment to existing US commercial paper program

Released 07:00 18-Mar-2013

RNS Number : 2000A
Xstrata PLC
18 March 2013



Amendment to existing U.S. commercial paper program

Zug, 18 March 2013

Xstrata plc ("Xstrata") announces that Xstrata Finance (Dubai) Limited, a wholly‑owned subsidiary of Xstrata, has been added as an issuer under the Xstrata group's existing US$4.0 billion commercial paper program.  Notes issuable under the program ("Notes") have maturities of up to 397 days, will be issued by Xstrata Finance (Canada) Limited or Xstrata Finance (Dubai) Limited and will be unconditionally guaranteed by Xstrata.  The maximum principal amount of Notes that may be outstanding at any time under the program is US$4.0 billion.  Notes will be offered and sold in private placement transactions pursuant to Section 4(a)(2) of the U.S. Securities Act of 1933, as amended, and in accordance with the Market Rules made by the Dubai Financial Services Authority and as contemplated by DIFC Law 1 of 2012, the Markets Law.

The net proceeds raised by the sale of Notes will be used to repay debt and for general corporate purposes.


Neither the content of Xstrata's website nor the content of any other website accessible from hyperlinks on Xstrata's website is incorporated into, or forms part of, this announcement.

Xstrata contacts:

Alison Flynn


+44 20 7968 2838


+44 7769 314374



Notes to editors

About Xstrata plc

We are a major producer of a range of vital commodities used in everything from constructing buildings and delivering electricity, to developing jet engines and mobile phones. We are one of the top five global producers of copper, thermal and metallurgical coal, ferrochrome, zinc and nickel and we also produce silver, lead, platinum, gold, cobalt and vanadium.

Founded in 2002 and headquartered in Switzerland, we operate in over 20 countries and employ over 70,000 people at more than 100 operations and projects around the world. We work in a responsible and sustainable way, with an entrepreneurial spirit and dynamic approach. For more information, visit


The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933 (the "Securities Act") or any relevant securities laws of any state or other jurisdiction and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act and any applicable state securities laws or the securities laws of any other applicable jurisdiction.  There will be no public offer of securities in the United States.

Members of the general public are not eligible to take part in the offering.

In addition, in the United Kingdom this announcement is directed only at persons who have professional experience in matters relating to investments who fall within Article 19(5) (Investment Professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) ("the Order") or other persons to whom it may be directed without contravention of Section 21 of Financial Services and Markets Act 2000 (all such persons together being referred to as "relevant persons"). This announcement must not be acted on or relied on by persons who (a) in the United Kingdom, are not relevant persons, and (b) in any Member State of the European Economic Area other than the United Kingdom, are not persons in Member States of the European Economic Area who are "qualified investors" within the meaning of Article 2(1)(e) of the Prospectus Directive (Directive 2003/71/EC, and any amendment thereto, including Directive 2010/73/EU and related implementation measures in Member States ("qualified investors"). Any investment or investment activity to which this communication relations is available only to (a) in the United Kingdom, relevant persons, and (b) in any Member State of the European Economic Area other than the United Kingdom, qualified investors and will be engaged in only with such persons.  The securities referred to herein are not being offered outside the United States.  To the extent that the securities referred to herein are made available in the United Kingdom or the European Economic Area the foregoing wording would apply.



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Amendment to existing US commercial paper program - RNS