May 5 (Reuters) - Teck Resources Limited (TCK.N: Quote, Profile, Research)
(TCKb.TO: Quote, Profile, Research), formerly Teck Cominco Limited, on Tuesday sold
$4.225 billion of senior secured notes in three parts in the
144a private placement market, said IFR, a Thomson Reuters
service.

JP Morgan, Bank of America and Citigroup were the joint
bookrunning managers for the sale.
BORROWER: TECK RESOURCES LIMITED
FIRST TRANCHE:
AMT $1.315 BLN COUPON 9.75 PCT MATURITY 5/15/2014
TYPE SR SEC NTS ISS PRICE 95.27 FIRST PAY 11/15/2009
MOODY'S Ba3 YIELD 11.00 PCT SETTLEMENT 5/8/2009
S&P BB-PLUS SPREAD 899 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
SECOND TRANCHE:
AMT $1.06 BLN COUPON 10.25 PCT MATURITY 5/15/2016
TYPE SR SEC NTS ISS PRICE 94.654 FIRST PAY 11/15/2009
MOODY'S Ba3 YIELD 11.375 PCT SETTLEMENT 5/8/2009
S&P BB-PLUS SPREAD 875 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS*
THIRD TRANCHE:
AMT $1.85 BLN COUPON 10.75 PCT MATURITY 5/15/2019
TYPE SR SEC NTS ISS PRICE 94.893 FIRST PAY 11/15/2009
MOODY'S Ba3 YIELD 11.625 PCT SETTLEMENT 5/8/2009
S&P BB-PLUS SPREAD 847 BPS/ PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS**
* NON-CALLABLE 4YRS THEN AT 105.125, 102.563, 100.
EQUITY CLAW: 3YR 35% AT 110.25.
** NON-CALLABLE 5YRS THEN AT 105.375, 103.583, 101.792, 100.

EQUITY CLAW: 3YR 35% AT 110.75.