Teck secures bondholder consents for indenture amendments, pays consent fee of U.S. $1 per U.S. $1,000 principal amount

Reuters2026/08/12 12:00

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Teck secured majority holder consents to amend indentures for its outstanding notes due 2030-2043, totaling about USD 1.03 billion principal.
Consent solicitations expired Aug. 11, 2026; revocation rights terminated.
Supplemental indentures executed Aug. 11, 2026; changes align covenants and events of default with Anglo American’s debt indenture.
Consent fee set at USD 1 per USD 1,000 principal, payable two business days after expiration, subject to withholding.
Amendments mainly matter if Anglo Teck later guarantees the notes; no obligation to provide a guarantee.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Teck Resources Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608120759PRIMZONEFULLFEED9808612) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Teck secures bondholder consents for indenture amendments, pays consent fee of U.S. $1 per U.S. $1,000 principal amount

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