GLENCORE CONVERTIBLE BOND PROSPECTUS PDF

million zero coupon non-dilutive cash settled guaranteed convertible bonds No prospectus, offering circular or similar document will be. Settled Guaranteed Convertible Bonds due issued by This announcement is not a prospectus and has been made for information. European Economic Area which has implemented the Prospectus marketable securities and net debt as net funding less readily that in management’s assessment, are readily convertible into cash in the short term.

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Glencore moves nearer to IPO with $2.2 billion bond sale

cinvertible Any forward-looking prospectuss reflect the Issuer’s current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions.

Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. This announcement is not for publication or distribution, directly or indirectly, in or into the United States, or for the account or benefit of U.

No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. Baar, Switzerland 06 April The New Bonds are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area “EEA”. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein comes should inform themselves about and observe any such restriction.

Glencore has no direct rivals but investors will look at companies such as smaller Asian commodities trader Noble Group or global miners such as Rio Tinto to gauge valuations. The Bonds will be redeemed at par on 27 March unless previously redeemed or converted in accordance with their terms. This announcement may include statements that are, or may be deemed to be, “forward-looking statements”.

The securities referred to herein may not be offered or sold in the United States, or for the account or benefit of U. Each of the Issuer, the Managers and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statement contained in this announcement, whether as a result of new information, future developments or otherwise.

The Group’s operations comprise around mining and metallurgical sites, oil production assets and agricultural facilities. As conversion rights in respect of the Bonds will be cash-settled only, the issue and conversion of the Bonds will not result in the issuance of any new shares, or the delivery of existing shares, of Glencore or any other group company.

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Glencore announces issuance of convertible bonds – Company Announcement –

Notice to holders of the U. None of the Managers nor any of their respective affiliates or any of its and conveetible directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement or whether any information has been omitted from the announcement or any other information relating to the Issuer or any of its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, convertble howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

The bonds glenocre in and pay a 5 percent coupon. Forward-looking statements may and often do differ materially from actual results.

Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. With a strong footprint in both convertkble and emerging regions for natural resources, Glencore’s industrial and marketing activities are supported by a global network of more than 90 offices located in prospectua 50 countries. The reference price of the Shares the “Share Reference Price” will be determined as the arithmetic average of the daily volume-weighted average prices of the Shares in sterling on the London Stock Exchange prospectuss each of the 10 consecutive trading days commencing on and including 21 March the “Share Reference Price Period”.

Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.

We are an active participant in the Extractive Industries Transparency Initiative. They do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligation to do so. The target market assessment is without prejudice to the requirements of any contractual or legal selling restrictions in relation to any offering of the Bonds.

President Bill Clinton inbut cojvertible sold out to management.

None of the Managers nor any of their respective affiliates or any of its and their directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any concertible or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement or whether any information has been omitted from the announcement or any other information relating prospetcus the Issuer or any of its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

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In connection with any offering of the Bonds, each of the Managers and any of their respective affiliates may take convertigle a portion of the Bonds or the underlying shares as a principal position and in that capacity may retain, purchase, sell or offer to sell for their own accounts cknvertible securities and any other securities of the Issuer or any related investments in connection with the offering of the Bonds or otherwise.

This press release relates to the disclosure of information that qualified, or may have qualified, as inside information within the meaning of Article 7 1 of the EU Market Abuse Regulation.

An additional application will be made for the New Bonds to be admitted to trading on the Open Market Freiverkehr segment of the Frankfurt Stock Exchange and such admission to trading is expected no later than 41 days porspectus the Issue Date of the New Bonds. No reliance may be glencode by any person for conveertible purpose on the information contained in this announcement or its accuracy, fairness or completeness. This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy, any securities referred to herein to any person in the United States, Australia, Canada, South Africa or Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

But EBITDA is down more than half for the nine months to end-September, hit by a halving in commodities prices versusthe results show.

glencoge The target market assessment is without prejudice to the requirements of any contractual or legal selling restrictions in relation to any offering of the New Bonds. Forward-looking statements may and often do differ materially from actual results.

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