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
Greenland’s riches are real – but years away
Greenland holds vast rare earth and critical mineral reserves, but infrastructure barriers mean meaningful production is a decade away. The US needs both long-term investment there and near-term domestic projects to reduce Chinese supply-chain dependence.