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Information for Bondholders

Access data on our fixed income instruments and credit ratings.

Information for Bondholders

Issuer Credit Ratings1

 

Corporate Rating

Outlook

Senior Guaranteed Notes

Senior

Notes

S&P

BB

Stable

BB

BB

Moody’s

Ba3

Positive

Ba2

B1

  1. As of April 24, 2017. For further information, please refer to each of the respective rating agency's public website. Credit ratings should not be construed as a recommendation to buy, sell or hold Teck’s debt instruments. Ratings may be revised or withdrawn at any time by the rating agencies.

Debt Instruments

The links below to Teck’s publicly filed historic prospectuses are provided for convenience and reference only, and nothing on this website constitutes an offer of securities for sale in any jurisdiction.  None of the information in the prospectuses has been updated and you should not rely on the information contained in the prospectuses for any purpose.

Senior Unsecured Guaranteed Notes1

Coupon

Maturity

Currency & Amount Outstanding (million)

Callable Date2

Indenture3

CUSIP

ISIN

8.0%

June 1, 2021

US$130

On or after June 1, 2018

June 7, 2016

878742BA2

US878742BA25

8.5%

June 1, 2024

US$600

On or after June 1, 2019

June 7, 2016

878742BC8

US878742BC80

  1. Our obligations under these notes are guaranteed on a senior unsecured basis by Teck Metals Ltd. (TML), Teck Coal Partnership, Teck Financial Corporation Ltd., TCL U.S. Holdings Ltd., Teck Alaska Incorporated and Teck Highland Valley Copper Partnership, each a wholly owned subsidiary of Teck.
  2. These notes were issued at par value and are callable on or after the call date at pre-defined prices based on the date of redemption. Prior to the callable date, these notes can be redeemed, in whole or in part, at a redemption price equal to the principal amount plus accrued interest and a make-whole call premium.
  3. The indenture dated June 7, 2016 limits the aggregate amount of additional indebtedness for borrowed money the subsidiary guarantors may guarantee or otherwise incur to 10% of consolidated net tangible assets, subject to certain specified exceptions.

Senior Unsecured Notes

Coupon

Maturity

Currency & Amount Outstanding (million)

Indenture1

Prospectus

CUSIP

ISIN

3.85%

August 15, 2017

US$16

May 8, 2009

Prospectus June 7, 2010

 

Supplement August 5, 2010

878742AR6

US878742AR68

2.5%

February 1, 2018

US$22

May 8, 2009

Prospectus July 6, 2012

 

Supplement, July 30, 2012

878742AX3

US878742AX37

3.0%

March 1, 2019

US$84

May 8, 2009

Prospectus June 7, 2010

 

Supplement Feb 21, 2012

878744AA9

US878744AA99

4.5%

January 15, 2021

US$225

May 8, 2009

Prospectus June 7, 2010

 

Supplement September 9, 2010

878742AT2

US878742AT25

4.75%

January 15, 2022

US$689

May 8, 2009

Prospectus June 7, 2010

 

Supplement July 1, 2011

878742AV7

US878742AV70

3.75%

February 1, 2023

US$670

May 8, 2009

 

Prospectus July 6, 2012

 

Supplement, July 30, 2012

878742AY1

US878742AY10

6.125%

October 1, 2035

US$609

September 12, 2002

 

Prospectus June 23, 2005

 

Supplement September 26, 2005

878742AE5

US878742aE55

6.0%

August 15, 2040

US$491

May 8, 2009

Prospectus June 7, 2010

 

Supplement September 9, 2010

878742AS4

US878742AS42

6.25%

July 15, 2041

US$795

May 8, 2009

Prospectus June 7, 2010

 

Supplement July 1, 2011

878742AW5

US878742AW53

5.2%

March 1, 2042

US$399

May 8, 2009

Prospectus June 7, 2010

 

Supplement Feb 21, 2012

878744AB7

US878744AB72

5.4%

February 1, 2043

US$377

May 8, 2009

Prospectus July 6, 2012

 

Supplement, July 30, 2012

878742AZ8

US878742AZ84

Revolving Committed Credit Facilities1

Amount ($M)

Maturity

US$3,000

July 2020

US$1,200

June 2019

  1. Our revolving committed credit facilities are guaranteed by the same guarantors as our senior unsecured guaranteed notes. These are Teck Metals Ltd. (TML), Teck Coal Partnership, Teck Financial Corporation Ltd., TCL U.S. Holdings Ltd., Teck Alaska Incorporated and Teck Highland Valley Copper Partnership, each a wholly owned subsidiary of Teck.

Fixed Income Analysts

Teck is aware that the analysts listed below have recently covered Teck. This list is provided for Information purposes only. Teck does not endorse or approve any opinions, estimates or forecasts of any analyst regarding Teck's business or its securities, or any analyst's conclusions or recommendations. Teck does not distribute analysts' reports. This list may not be complete and may change as firms add or delete coverage.

Investment Firm

Fixed Income Analyst

Bank of America Merrill Lynch

Matthew Fields

Barclays

Brian Lalli

Citi

Richard Yu

Goldman Sachs

Karl Blunden

JP Morgan

Brian Turner


Disclaimer

The information, including ratings information, is provided as of April 24, 2017. 

Credit ratings are not recommendations to purchase, hold or sell securities and do not address the market price or suitability of a specific security for a particular investor. Credit ratings may not reflect the potential impact of all risks on the value of securities. In addition, real or anticipated changes in the rating assigned to a security will generally affect the market value of that security. We cannot guarantee that a rating will remain in effect for any given period of time or that a rating will not be revised or withdrawn entirely by a rating agency in the future. 

We have made payments to Moody’s and S&P in connection with the assignment of ratings to our long-term debt. See each rating agency’s public website for further information regarding ratings.

Investor Relations

Toll-free in Canada and the U.S.: 1.877.759.6226
Outside Canada and the U.S.: 604.699.4257
f: 604.699.4718
investors@teck.com

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Teck is a diversified resource company committed to responsible mining and mineral development with business units focused on copper, zinc, steelmaking coal and energy.