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GLENCORE USD MULTI TRANCHE CRP BBB FIXED RATE SYNDICATED YANKEE BOND (USU37818BJ62, USU37818BK36, USU37818BL19)

Post Date: 02 October 2023

GlencoreInternational AG has priced a USD denominated multi tranche syndicated Yankee Bond.

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Issuer Details
Issuer Glencore International AG
LEI 213800PSSU2QXF1WLR89
Industry Diversified Metals and Mining
Country Switzerland
Issuer Description Glencore International AG is one of the world's largest suppliers of a wide range of commodities and raw materials to industrial consumers. Our commercial counterparts are both producers and industrial consumers. Our role is to be a reliable and competitive partner to businesses in the segments of the market which we serve and to support these businesses as they expand and develop. Our customers around the world, in industries such as automotive, power generation, steel production and food processing, rely upon our established global network of operations as a source of Metals and Minerals, Crude Oil and Oil Products, Coal and Agricultural Products. These commodities originate either from Glencore's directly or indirectly owned production assets, or are secured by Glencore from third parties, or they benefit from the refining, processing or marketing expertise of Glencore. Glencore is a privately held company owned by its management and employees. Headquartered in Baar, Switzerland, in our marketing operations Glencore directly or indirectly employs over 2,000 people worldwide in some 50 offices in over 40 countries. In our industrial operations Glencore directly or indirectly employs over 50,000 people in 15 plants in 13 countries.. Glencore International AG, a privately-owned company organised under the laws of Switzerland and, together with its subsidiaries ("Glencore") is a leading, diversified natural resources group with worldwide activity in the mining, smelting, refining, processing and marketing of metals and minerals, energy products and agricultural products. Glencore is engaged in the physical sourcing and marketing of commodities on a global basis, purchasing physical commodities as principal, mostly from producers and selling and delivering these commodities to industrial consumers such as car manufacturers, steel mills, public utilities and flour mills. Glencore also provides financing, logistics, marketing and purchasing services to producers and consumers of commodities. These activities are supported by strategic investments in industrial assets relating to Glencore's core physical marketing business.
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Trade Details
Security Type Bond
Amount USD [Login to see full details]
Total Amount including taps USD [Login to see full details]
Total Amount Outstanding USD [Login to see full details]
Total Order Book USD [Login to see full details]
Structure Fixed Rate
Coupon [Login to see full details]
Reoffer [Login to see full details]
It came at a spread of [Login to see full details] in the Yankee bond market.
Term [Login to see full details]
Trade Date [Login to see full details]
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Maturity Date [Login to see full details]
Yield Notes [Login to see full details]

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A Yankee bond is an USD-denominated bond issued by a non-USA entity in the USA Foreign Bond market.

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