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.
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.
