Glencore International AG is a multinational commodity trading and mining company headquartered in Baar, Switzerland, with operations spanning the globe in the production and marketing of various metals and minerals, energy products, and agricultural products.
An in-depth review of a specific fixed-income instrument sheds light on a bond issued by Glencore International AG, a key entity within the Glencore Plc group, which is recognized globally as a leading diversified natural resource company, producing and marketing a wide range of commodities including metals, minerals, energy products, and agricultural goods, with its international operations underpinning its significant presence in global supply chains. Identified by the International Securities Identification Number (ISIN) XS0495973470, this particular debt security was issued from Luxembourg, a jurisdiction frequently chosen for international bond offerings due to its robust financial infrastructure. Denominated in Euros (EUR), the bond offered a fixed annual interest rate of 5.25%, providing investors with a consistent yield over its lifespan. The total size of this issuance was considerable, reaching 1,250,000,000 EUR, reflecting a substantial capital raise by Glencore International AG, with a stipulated minimum purchase size set at 50,000 EUR to facilitate investment by eligible parties. The bond reached its scheduled maturity on March 22, 2017, and at that point, its market price was quoted at 100% of its nominal value, confirming its par repayment; consequently, this specific fixed-income instrument has successfully completed its lifecycle and has been fully redeemed by the issuer.
|
Français
Italiano
Luxembourg
XS0495973470 ( in EUR )
