Shearman & Sterling represented Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Goldman, Sachs & Co. and RBC Capital Markets, LLC, as joint bookrunning managers, and CIBC World Markets Corp., Morgan Stanley & Co. LLC, RBS Securities Inc., UBS Securities LLC, Barclays Capital Inc., BNP Paribas Securities Corp., Deutsche Bank Securities Inc., HSBC Securities (USA) Inc., Mizuho Securities USA Inc. and Scotia Capital (USA) Inc., as co-managers, in connection with Teck Resources Limited’s US$2 billion offering of US$300,000,000 aggregate principal amount of 3.15% notes due 2017, US$700,000,000 aggregate principal amount of 4.75% notes due 2022 and US$1,000,000,000 aggregate principal amount of 6.25% notes due 2041. The notes are fully and unconditionally guaranteed by Teck’s wholly-owned subsidiary, Teck Metals Ltd.

Teck is a diversified resource company with major business units focused on copper, steelmaking coal, zinc and energy, headquartered in Vancouver, Canada.

The following Shearman & Sterling team advised the underwriters in the transaction: partners Jason Lehner (Toronto-Capital Markets) and Larry Crouch (Palo Alto-Tax); counsel Jason Pratt (New York-Real Estate/Environmental); and associates Hugo Sin (Toronto-Capital Markets), Daniel Weber (Toronto-Capital Markets), Anil Kalia (Palo Alto-Tax), Jacob Wilson (Toronto-Capital Markets) and Sonja Sun (Toronto-Capital Markets).