Issuer Credit Ratings¹

1. As of July 25, 2018. 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 Ratings may be revised or withdrawn at any time by the rating agencies.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

1. Our obligations under these notes are guaranteed on a senior unsecured basis by Teck Metals Ltd. (TML), Teck Coal Partnership, Teck South American Holdings 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

Revolving Committed Credit Facilities¹

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 South American Holdings Ltd., TCL U.S. Holdings Ltd., Teck Alaska Incorporated and Teck Highland Valley Copper Partnership, each a wholly owned subsidiary of Teck.

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.

Disclaimer

The information, including ratings information, is provided as of July 25, 2018. 

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.