March 20, 2018 / 1:32 PM / 5 months ago

BRIEF-Glencore Says Intended Issuance Of $500 Mln Non-Dilutive Cash Settled Guaranteed Convertible Bonds

March 20 (Reuters) - Glencore Plc:

* ‍ANNOUNCES INTENDED ISSUANCE OF $500 MILLION NON-DILUTIVE CASH SETTLED GUARANTEED CONVERTIBLE BONDS DUE 2025​

* ‍NET PROCEEDS OF OFFERING OF BONDS WILL BE USED FOR GENERAL CORPORATE PURPOSES AND FOR PURCHASE OF CALL OPTIONS​ Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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