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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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. Investors Martin Fewings t: The New Bonds are not intended glenclre 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”.

Persons into whose possession this announcement comes are required by the Issuer, the Guarantors, and the Managers to inform themselves about, and to observe, any such restrictions.

Homepage Media and Insights News Glencore plc launches a tap issue of non-dilutive zero coupon cash settled guaranteed convertible bonds for up to USD million to be consolidated with its USD million non-dilutive zero coupon cash settled guaranteed convertible bonds due The 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”.

Download the pdf For further information please contact: 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. The net proceeds of the offering of the Bonds will be used for general corporate purposes and for the purchase of the Call Options.

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Each prospective investor should proceed on the assumption that it must bear the economic risk of glencote investment in the Bonds or the ordinary shares notionally underlying the bonds together with the bonds, the ” Securities “. Solely for the purposes of the product governance requirements contained within: Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. 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.

Quentin WebbSam Cage.

Glencore announces issuance of convertible bonds – Company Announcement –

Any cnovertible to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. The information contained in this announcement is subject to change in its entirety without notice up to the closing date. In addition, each of the Managers and any of their respective affiliates may enter into financing arrangements including swaps or contracts for differences with investors in connection with which they may from time to time acquire, hold or dispose of any such Securities or other investments.

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. 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. Any investment or investment activity to which this announcement relates is available only to Relevant Persons and will be engaged in only with Relevant Pgospectus.

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Glencore’s companies employ aroundpeople, including contractors.

Glencore moves nearer to IPO with $ billion bond sale | Reuters

Morgan Securities plc, each of which are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, are acting exclusively for the Issuer and the Guarantors and no one else in connection with the securities referred to herein. Persons into whose possession this announcement comes are required by the Issuer, the Guarantors, and the Managers to inform themselves about, and to observe, any such restrictions.

This announcement may include statements that are, or may be deemed to be, “forward-looking statements”.

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.

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. It is anticipated that the hedge counterparties to the Call Options, which may include the Joint Bookrunners, will enter into transactions to hedge their respective positions under the Call Options through the purchase or sale of Shares or any other transactions, on the market and off-market, at any time, and in particular during the Reference Period and at the conversion or redemption of the Bonds.

Capping months of rumors, Glencore said on Wednesday it had sold convertible bonds to a group of investors, including energy-focused private equity firm First Reserve. For these purposes, a retail investor means a person who is one or more of: 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. They will not regard any other person as their respective clients in relation to the securities referred to herein and will not be responsible to anyone other than the Issuer for providing the protections afforded to their respective clients, nor for providing advice in relation to such securities, the contents of this announcement or any transaction, arrangement or other matter referred to herein.

Morgan Securities plc together, the ” Managers ” or any of their respective affiliates, or any other person that would permit an offer of the securities referred to herein or possession or distribution of this announcement or any other offering or publicity material relating to the securities referred to herein in any jurisdiction where action for that purpose is required.

Glencore moves nearer to IPO with $2.2 billion bond sale

The information in this announcement must not be acted on or relied on by persons who are not Relevant Persons. This announcement may include statements that are, or may be deemed to be, “forward-looking statements”.

Disclaimer This announcement is not a prospectus and has been made for information purposes only and shall not constitute, or be relied upon in connection with, an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell, issue, or subscribe for, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The 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 “.

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These expressions are also used where no useful purpose is served by identifying the particular company or companies. These forward-looking statements may be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “plans”, “projects”, “anticipates”, “expects”, “intends”, “may”, “will” or “should” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions.

Pursuant to and in accordance with the Conditions, Glencore hereby notifies the holders of the Bonds of the following determinations and calculations: These collective expressions are used for ease of reference only and do not imply any other relationship between the companies.

Disclaimer This announcement is not a prospectus and has been made for information purposes only and shall not constitute, or be relied upon in connection with, an offer to buy, sell, issue, or subscribe for, or the solicitation of an offer to buy, sell, issue, or subscribe for, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general.

The Bonds will be offered via an accelerated book building process through a private placement to institutional investors only, outside the United States, Australia, Canada, Japan, South Africa or any other jurisdiction in which offers or sales of the Bonds would be prohibited by applicable law.

Disclaimer The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities.

No prospectus, offering circular or similar document will be prepared in respect of the offering of the New Bonds.

The Group’s operations comprise around mining and metallurgical sites, oil production assets and agricultural facilities. The information contained in this announcement is subject to change in its entirety without notice up to the closing date.

The offer and sale of the securities referred to herein have not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada, South Africa or Japan. None of the Issuer, the Guarantors, or the Managers make any representation as to i the suitability of the securities for any particular investor, ii the appropriate accounting treatment and potential tax consequences of investing in the securities or iii the future performance of the securities either in absolute terms or relative to competing investments.

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. It would also play into a warming global market for listings as investors recover their appetite for risk. We convetible an active participant in the Extractive Industries Transparency Initiative.

For the avoidance of doubt, the target market assessment does not bnod For further information please contact: Morgan Securities plc as Joint Bookrunners.