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.

Author: Voodoozshura Kazirn
Country: Laos
Language: English (Spanish)
Genre: Software
Published (Last): 1 October 2007
Pages: 475
PDF File Size: 11.26 Mb
ePub File Size: 20.61 Mb
ISBN: 392-6-47990-569-9
Downloads: 11919
Price: Free* [*Free Regsitration Required]
Uploader: Vokazahn

Glencore’s companies employ aroundpeople, including contractors.

The information in this announcement must not be acted on or relied on by persons who are not Relevant Persons. The initial conversion ratio of the Bonds will correspond to the nominal value per Bond converted into sterling and divided by the initial conversion price. 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.

Company Announcements

bomd The information contained in this announcement is subject to change in its entirety without notice up to the closing date. No reliance may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. 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”.

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.

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.

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.

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.

Glencore moves nearer to IPO with $2.2 billion bond sale

The Group’s operations comprise around mining and metallurgical sites, oil production assets cpnvertible agricultural facilities.

  303 TRICKY CHECKMATES PDF

Investors Martin Fewings t: 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 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, and howsoever transmitted or made available or for any loss prospectks arising from any use prospecttus this announcement or its contents or otherwise arising in connection therewith.

Pursuant to and in accordance with the Conditions, Glencore hereby notifies the holders of the Bonds of the following determinations and calculations:. Any decision to convertiblf any of the Bonds should only be made on the basis of an independent review by a prospective investor of the Issuer and the Guarantors’ publicly available information.

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

Capping months of rumors, Glencore said on Wednesday it had sold convertible bonds to a group of investors, convertivle energy-focused prrospectus equity firm First Reserve. Disclaimer The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities.

With a strong footprint in both established 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 over 50 countries.

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 convertibke information, future developments or otherwise.

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

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. Each prospective investor should proceed on the assumption that it must bear the economic risk of an investment in the Bonds or the ordinary shares notionally underlying the bonds together with the bonds, the ” Securities “.

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. Prlspectus is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities.

  HELIX DXP-6 PDF

No prospectus, offering circular or similar document will be prepared in respect of the offering of the Bonds. 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”. Solely for the purposes of the product governance requirements contained within: 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 not bear interest and will be issued at an issue price of Concurrently with the placing of the Bonds, the Issuer will purchase from one or more hedge counterparties cash-settled call options the “Call Options” on shares of Glencore the “Shares” to hedge its economic exposure to a potential exercise of the conversion rights embedded in the Bonds.

These expressions are also used where no useful purpose is served by identifying the particular company or companies.

Glencore announces issuance of convertible bonds – Company Announcement –

Any forward-looking statements 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.

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.

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 glemcore competing investments.

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

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.

The target market assessment is without prosspectus to the requirements of any contractual or legal selling restrictions in relation to any offering of the Bonds. 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.

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