Glencore financial update
Published by Stephanie Roker,
Editor
Global Mining Review,
On 20 September 2018, Glencore plc – through its subsidiary Glencore Funding LLC – announced the successful placing of a tap issue of non-dilutive zero coupon cash settled guaranteed convertible bonds due 27 March 2025 with a nominal amount of US$125 million.
The final price of the tap issue of non-dilutive zero coupon cash settled guaranteed convertible bonds for US$125 million are set to be consolidated with its US$500 million non-dilutive zero coupon cash settled guaranteed convertible bonds.
Read the article online at: https://www.globalminingreview.com/finance-business/24092018/glencore-financial-update/
You might also like
Solving the battery supply chain’s structural deficit
Greg Pitt, VP Battery Materials – Growth, Worley, outlines how, to keep the energy transition on track, battery supply chain production needs to be expanded in new and creative ways.