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Glencore financial update

Published by
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/

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