After taking a bit of a battering from some of its long-term shareholders, mining giant Rio Tinto is doing its best to appease its investors.
The news will presumably be welcomed by institutional investors, many of whom felt the firm was getting rather too cosy to Chinalco.
According to the report, Rio Tinto plans to offer the bonds to institutions on the same or similar terms, helping to make its 'preferential' deal with Chinalco more palatable to its stalwart investors.
Rio's sudden bout of generosity might set a precedent for other firms that are unable to bribe their investors with dividends or further equity.
Deputy international editor