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ItalianoBond Glencore Finance LLC 4.125% ( XS0938722666 ) in USD
| Issuer | Glencore Finance LLC |
| Market price | 100 % ▼ |
| Country |  Switzerland
|
| ISIN code |
 XS0938722666 ( in USD )
|
| Interest rate | 4.125% per year ( payment 2 times a year) |
| Maturity | 30/05/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
| Minimal amount | 2 000 USD |
| Total amount | 1 500 000 000 USD |
| Cusip | U37818AG3 |
| Standard & Poor's ( S&P ) rating | BBB+ ( Lower medium grade - Investment-grade ) |
| Moody's rating | N/A |
| Detailed description |
Glencore Funding LLC is a wholly-owned subsidiary of Glencore plc, primarily involved in providing financing and funding solutions to support Glencore's global commodity trading and mining operations. This financial article details a specific bond, identified by ISIN XS0938722666 and CUSIP U37818AG3, issued by Glencore Funding LLC, a financing vehicle of Glencore plc, one of the world's largest diversified natural resource companies engaged in the production and marketing of a wide range of commodities, with this particular obligation originating from Switzerland. The USD-denominated bond carried a fixed interest rate of 4.125%, with interest payments made semi-annually, representing a total issue size of $1,500,000,000 and featuring a minimum purchase increment of $2,000. This debt instrument, which had been assigned a BBB+ credit rating by Standard & Poor's, matured on May 30, 2023, and has subsequently been fully redeemed at its 100% par value, confirming its successful repayment to investors. |