BlackRock, GIC and First Reserve Buy Bonds from Glencore
Posted on 12/27/2009
Global commodity trader Glencore International AG sold nearly US$2.2 billion of convertible bonds to institutional investors including BlackRock Inc. Analysts predict this is a key step toward an initial public offering. Other bond buyers include overnment of Singapore Investment Corporation, First Reserve Corporation and Zijin Mining Group Co – China’s #3 copper producer. Glencore is […]
