Teck Resources Limited Completes Debt Offering

Teck Resources Limited (TSX: TCK.B, NYSE: TCK) completed a public offering of US$1.75 billion in aggregate principal amount of new senior unsecured notes, comprising US$500 million aggregate principal amount of 2.50 per cent notes due 2018, US$750 million aggregate principal amount of 3.75 per cent notes due 2023 and US$500 million aggregate principal amount of 5.40 per cent notes due 2043. The syndicate for the offering of the notes was led by Merrill Lynch, Pierce, Fenner & Smith Incorporated, Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Goldman, Sachs & Co., Morgan Stanley & Co. LLC and RBC Capital Markets, LLC, as joint book-running managers.

Teck was represented in-house by Nick Uzelac, Corporate Counsel, and Doug Powrie, Vice President, Tax, and in Canada by McMillan LLP with a team in Toronto that included Hellen Siwanowicz, Craig Manuel and David Mendicino (securities and corporate) and Ryan Morris (tax); and a team in Vancouver that included Amandeep Sandhu (securities and corporate) and Jill Pereira (banking). Paul, Weiss, Rifkind, Wharton & Garrison LLP represented Teck in the United States with a team in New York comprising Edwin Maynard, Stephen Centa, Alex Tolston and Tian Tian.

The underwriters for the offering of the notes were represented by Shearman & Sterling LLP in Toronto. The Shearman & Sterling team included Jason Lehner, Hugo Sin and Peter Dueck.