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Canada's Teck moves to pare US$7.4bn of debt

Move to cut debt as it sets eyes on copper production from new Chile mine

Steven Swindells
Teck looks to cut debt

Teck looks to cut debt

The offer has fixed spreads of 195-230 basis points including an early tender premium of US$50 per US$1,000 in principle.  The tender would reduce Teck's total outstanding debt by 8.7%, according to...

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