The Sydney Morning Herald reported that RTP will be offering bonds with either identical or similar terms to institutional investors as it is to Beijing-based Chinalco.
RTP is talking with The Aluminum Corp. of China (also known as Chinalco) about investments that could alleviate some of RTP's debt. Initial reports from The Times of London are putting potential total value of these investments at around $9 billion U.S.
RTP announced a 14,000-strong job cut, a reduction of debt by $10 billion and no less than a $2.5 billion reduction in 2010 spending, due overwhelming to low commodity prices.
BHP Billiton rescinded a $66 billion hostile takeover bid of RTP, citing sagging commodity prices as the primary motivation.