FWP 1 d392428dfwp.htm FREE WRITING PROSPECTUS FREE WRITING PROSPECTUS

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

BHP Group Limited

Pricing Details on BHP Billiton Finance (USA) Limited 4.875% Senior Notes due 2026

 

Issuer:    BHP Billiton Finance (USA) Limited
Guarantor:    BHP Group Limited
Security:    4.875% Senior Notes due 2026 (the “2026 Notes”)
Principal Amount:    US$1,000,000,000
Use of Proceeds:    General corporate purposes
Denominations:    US$2,000 and integral multiples of US$1,000
Settlement Date (T+3)**:    February 28, 2023
Guarantee:    Payment of the principal of and interest on the 2026 Notes is fully and unconditionally guaranteed by the Guarantor
Maturity Date:    February 27, 2026
Day Count:    30/360
Day Count Convention:    Following, unadjusted
Interest Rate:    4.875% per annum
Date interest starts accruing:    February 28, 2023
Interest Payment Dates:    February 27 and August 27 of each year, subject to the Day Count Convention, commencing on the First Interest Payment Date
First Interest Payment Date:    August 27, 2023
Benchmark Treasury:    4.000% due February 2026
Benchmark Treasury Price:    98 – 28 5/8
Benchmark Treasury Yield:    4.400%
Spread to Benchmark Treasury:    55bps
Re-offer Yield:    4.950%
Ranking:    The 2026 Notes are unsecured obligations of the Issuer and will rank equally with all of the Issuer’s other unsecured and unsubordinated indebtedness

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

Governing Law:    New York
Optional Redemption:    Make-Whole Call: at the Treasury Rate plus 10bps at any time
Issue Price:    99.794%
Gross Proceeds:    US$997,940,000
Underwriters’ Fee:    0.25%
All-in Price:    99.544%
Proceeds to Issuer:    US$995,440,000
Global Coordinator:    Barclays Capital Inc.
Joint Active Bookrunners:    Barclays Capital Inc.
BofA Securities, Inc.
BNP Paribas Securities Corp.
MUFG Securities Americas Inc.
Santander US Capital Markets LLC
Co-managers:   

Australia and New Zealand Banking Group Limited
Bank of China Limited, London Branch
China Construction Bank (Asia) Corporation Limited
CIBC World Markets Corp.
Citigroup Global Markets Inc.
Credit Agricole Securities (USA) Inc.

DBS Bank Ltd.

Deutsche Bank Securities Inc.

Goldman Sachs & Co. LLC
ICBC Standard Bank Plc
J.P. Morgan Securities LLC
Mizuho Securities USA LLC
nabSecurities, LLC
Scotia Capital (USA) Inc.
SMBC Nikko Securities America, Inc.
UBS Securities LLC
Westpac Banking Corporation

CUSIP:    055451 AY4
ISIN:    US055451AY40

 

**

BHP Billiton Finance (USA) Limited expects that delivery of the 2026 Notes will be made to investors on or about February 28, 2023, which will be the third business day following the date of pricing of the 2026 Notes (such settlement being referred to as “T+3”). Under Rule 15c6-1 under the U.S. Securities Exchange Act of 1934, trades in the secondary market are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade 2026 Notes prior to the second business day before the delivery of the 2026 Notes will be required, by virtue of the fact that the 2026 Notes initially settle in T+3, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the 2026 Notes who wish to trade 2026 Notes prior to the second business day prior to the date of delivery of the 2026 Notes should consult their advisors.

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

No EEA or UK PRIIPs KID - No EEA or UK PRIIPs key information document (KID) has been prepared as the 2026 Notes are not available to retail in EEA or the UK.

The Issuer and the Guarantor have filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and the other documents the Issuer and the Guarantor have filed with the SEC for more complete information about the Issuer, the Guarantor and this offering. The offer is being made only by means of a prospectus and related prospectus supplement. You may get these documents for free by visiting the SEC’s website at www.sec.gov. Alternatively, the Issuer, the Guarantor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the related preliminary prospectus supplement if you request it by calling Barclays Capital Inc. at 1-888-603-5847, BofA Securities, Inc. at 1-800-294-1322, BNP Paribas Securities Corp. at 1-800-854-5674, MUFG Securities Americas Inc. at 1-877-649-6848 or Santander US Capital Markets LLC at 1-855-403-3636.

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

BHP Group Limited

Pricing Details on BHP Billiton Finance (USA) Limited 4.750% Senior Notes due 2028

 

Issuer:    BHP Billiton Finance (USA) Limited
Guarantor:    BHP Group Limited
Security:    4.750% Senior Notes due 2028 (the “2028 Notes”)
Principal Amount:    US$1,000,000,000
Use of Proceeds:    General corporate purposes
Denominations:    US$2,000 and integral multiples of US$1,000
Settlement Date (T+3)**:    February 28, 2023
Guarantee:    Payment of the principal of and interest on the 2028 Notes is fully and unconditionally guaranteed by the Guarantor
Maturity Date:    February 28, 2028
Day Count:    30/360
Day Count Convention:    Following, unadjusted
Interest Rate:    4.750% per annum
Date interest starts accruing:    February 28, 2023
Interest Payment Dates:    February 28 and August 28 of each year, subject to the Day Count Convention, commencing on the First Interest Payment Date
First Interest Payment Date:    August 28, 2023
Benchmark Treasury:    3.500% due January 2028
Benchmark Treasury Price:    97-09
Benchmark Treasury Yield:    4.114%
Spread to Benchmark Treasury:    75bps
Re-offer Yield:    4.864%
Ranking:    The 2028 Notes are unsecured obligations of the Issuer and will rank equally with all of the Issuer’s other unsecured and unsubordinated indebtedness

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

Governing Law:    New York
Optional Redemption:   

Make-Whole Call: at the Treasury Rate plus 15bps at any time before January 28, 2028

 

Par Call at any time on or after January 28, 2028

Issue Price:    99.499%
Gross Proceeds:    US$994,990,000
Underwriters’ Fee:    0.35%
All-in Price:    99.149%
Proceeds to Issuer:    US$991,490,000
Global Coordinator:    Barclays Capital Inc.
Joint Active Bookrunners:    Barclays Capital Inc.
BofA Securities, Inc.
BNP Paribas Securities Corp.
MUFG Securities Americas Inc.
Santander US Capital Markets LLC
Co-managers:   

Australia and New Zealand Banking Group Limited
Bank of China Limited, London Branch
China Construction Bank (Asia) Corporation Limited
CIBC World Markets Corp.
Citigroup Global Markets Inc.
Credit Agricole Securities (USA) Inc.

DBS Bank Ltd.
Deutsche Bank Securities Inc.
Goldman Sachs & Co. LLC
ICBC Standard Bank Plc
J.P. Morgan Securities LLC
Mizuho Securities USA LLC
nabSecurities, LLC
Scotia Capital (USA) Inc.
SMBC Nikko Securities America, Inc.
UBS Securities LLC
Westpac Banking Corporation

CUSIP:    055451 AZ1
ISIN:    US055451AZ15

 

**

BHP Billiton Finance (USA) Limited expects that delivery of the 2028 Notes will be made to investors on or about February 28, 2023, which will be the third business day following the date of pricing of the 2028 Notes (such settlement being referred to as “T+3”). Under Rule 15c6-1 under the U.S. Securities Exchange Act of 1934, trades in the secondary market are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade 2028 Notes prior to the second business day before the delivery of the 2028 Notes will be required, by virtue of the fact that the 2028 Notes initially settle in T+3, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the 2028 Notes who wish to trade 2028 Notes prior to the second business day prior to the date of delivery of the 2028 Notes should consult their advisors.

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

No EEA or UK PRIIPs KID - No EEA or UK PRIIPs key information document (KID) has been prepared as the 2028 Notes are not available to retail in EEA or the UK.

The Issuer and the Guarantor have filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and the other documents the Issuer and the Guarantor have filed with the SEC for more complete information about the Issuer, the Guarantor and this offering. The offer is being made only by means of a prospectus and related prospectus supplement. You may get these documents for free by visiting the SEC’s website at www.sec.gov. Alternatively, the Issuer, the Guarantor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the related preliminary prospectus supplement if you request it by calling Barclays Capital Inc. at 1-888-603-5847, BofA Securities, Inc. at 1-800-294-1322, BNP Paribas Securities Corp. at 1-800-854-5674, MUFG Securities Americas Inc. at 1-877-649-6848 or Santander US Capital Markets LLC at 1-855-403-3636.

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

BHP Group Limited

Pricing Details on BHP Billiton Finance (USA) Limited 4.900% Senior Notes due 2033

 

Issuer:    BHP Billiton Finance (USA) Limited
Guarantor:    BHP Group Limited
Security:    4.900% Senior Notes due 2033 (the “2033 Notes”)
Principal Amount:    US$750,000,000
Use of Proceeds:    General corporate purposes
Denominations:    US$2,000 and integral multiples of US$1,000
Settlement Date (T+3)**:    February 28, 2023
Guarantee:    Payment of the principal of and interest on the 2033 Notes is fully and unconditionally guaranteed by the Guarantor
Maturity Date:    February 28, 2033
Day Count:    30/360
Day Count Convention:    Following, unadjusted
Interest Rate:    4.900% per annum
Date interest starts accruing:    February 28, 2023
Interest Payment Dates:    February 28 and August 28 of each year, subject to the Day Count Convention, commencing on the First Interest Payment Date
First Interest Payment Date:    August 28, 2023
Benchmark Treasury:    3.500% due February 2033
Benchmark Treasury Price:    96-29+
Benchmark Treasury Yield:    3.875%
Spread to Benchmark Treasury:    105bps
Re-offer Yield:    4.925%
Ranking:    The 2033 Notes are unsecured obligations of the Issuer and will rank equally with all of the Issuer’s other unsecured and unsubordinated indebtedness

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

Governing Law:    New York
Optional Redemption:   

Make-Whole Call: at the Treasury Rate plus 20bps at any time before November 28, 2032

 

Par Call at any time on or after November 28, 2032

Issue Price:    99.804%
Gross Proceeds:    US$748,530,000
Underwriters’ Fee:    0.45%
All-in Price:    99.354%
Proceeds to Issuer:    US$745,155,000
Global Coordinator:    Barclays Capital Inc.
Joint Active Bookrunners:    Barclays Capital Inc.
BofA Securities, Inc.
BNP Paribas Securities Corp.
MUFG Securities Americas Inc.
Santander US Capital Markets LLC
Co-managers:   

Australia and New Zealand Banking Group Limited
Bank of China Limited, London Branch
China Construction Bank (Asia) Corporation Limited
CIBC World Markets Corp.
Citigroup Global Markets Inc.
Credit Agricole Securities (USA) Inc.

DBS Bank Ltd.

Deutsche Bank Securities Inc.
Goldman Sachs & Co. LLC
ICBC Standard Bank Plc
J.P. Morgan Securities LLC
Mizuho Securities USA LLC
nabSecurities, LLC
Scotia Capital (USA) Inc.
SMBC Nikko Securities America, Inc.
UBS Securities LLC
Westpac Banking Corporation

CUSIP:    055451 BA5
ISIN:    US055451BA54

 

**

BHP Billiton Finance (USA) Limited expects that delivery of the 2033 Notes will be made to investors on or about February 28, 2023, which will be the third business day following the date of pricing of the 2033 Notes (such settlement being referred to as “T+3”). Under Rule 15c6-1 under the U.S. Securities Exchange Act of 1934, trades in the secondary market are required to settle in two business days, unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade 2033 Notes prior to the second business day before the delivery of the 2033 Notes will be required, by virtue of the fact that the 2033 Notes initially settle in T+3, to specify an alternate settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the 2033 Notes who wish to trade 2033 Notes prior to the second business day prior to the date of delivery of the 2033 Notes should consult their advisors.

Filed pursuant to Rule 433

Registration Nos. 333-269898 and

333-269898-01

February 23, 2023

 

No EEA or UK PRIIPs KID - No EEA or UK PRIIPs key information document (KID) has been prepared as the 2033 Notes are not available to retail in EEA or the UK.

The Issuer and the Guarantor have filed a registration statement (including a prospectus and a preliminary prospectus supplement) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement, the preliminary prospectus supplement and the other documents the Issuer and the Guarantor have filed with the SEC for more complete information about the Issuer, the Guarantor and this offering. You may get these documents for free by visiting the SEC’s website at www.sec.gov. Alternatively, the Issuer, the Guarantor, any underwriter or any dealer participating in the offering will arrange to send you the prospectus and the related preliminary prospectus supplement if you request it by calling Barclays Capital Inc. at 1-888-603-5847, BofA Securities, Inc. at 1-800-294-1322, BNP Paribas Securities Corp. at 1-800-854-5674, MUFG Securities Americas Inc. at 1-877-649-6848 or Santander US Capital Markets LLC at 1-855-403-3636.