BlackRock, GIC and First Reserve Buy Bonds from Glencore

Posted on 12/27/2009


Global commodity trader Glencore International AG sold nearly US$2.2 billion of convertible bonds to institutional investors including BlackRock Inc. Analysts predict this is a key step toward an initial public offering. Other bond buyers include overnment of Singapore Investment Corporation, First Reserve Corporation and Zijin Mining Group Co – China’s #3 copper producer. Glencore is […]

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