Anglo-Swiss miner Glencore sold its first US dollar bond in two years on Tuesday, but the deal tumbled after pricing as a global sell-off added to a backlash against the deal's tight spread. Glencore had offered a new-issue concession of about 8bp on the trade, but the book was less than twice covered, with final demand of US$1.75bn. The issuer was caught out by growing investor discontent over dwindling new-issue premiums, as well as a broader sell-off triggered by concerns around President Trump's reforms.
- Financial Times•yesterday
Vitol, the world's biggest independent oil trader, shipped a record amount of crude oil, petrol and diesel last year, handling more than 7m barrels a day of fuel as demand in key markets such as the US ...
Glencore Australia Holdings Pty Limited -- Moody's upgraded Glencore's ratings to Baa2/P-2, outlook stable
Rating Action: Moody's upgraded Glencore's ratings to Baa2/P-2, outlook stable. Global Credit Research- 24 Mar 2017. London, 24 March 2017-- Moody's Investors Service has today upgraded long- and short-term ...
GLEN.L : Summary for GLENCORE PLC ORD USD0.01 - Yahoo Finance
Glencore Plc (GLEN.L)
LSE - LSE Delayed Price. Currency in GBp
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|Bid||318.00 x 1586300|
|Ask||333.00 x 294500|
|Day's Range||318.80 - 324.90|
|52 Week Range||124.55 - 347.00|
|PE Ratio (TTM)||32.96|
|Dividend & Yield||0.07 (1.64%)|
|1y Target Est||N/A|