BHP Billiton prices A$1 billion with double oversubscription [UPDATED]

BHP Billiton Finance (A+/A1) priced a new Australian dollar benchmark transaction on October 9, in what will be its first domestic deal in over a decade according to KangaNews data. The last time BHP Billiton issued domestic bonds – in November 2001 – it sold A$1 billion (US$1.02 billion) of three- and seven-year paper.