glencore in kurdistan funds drive

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Middle East Debt News: Iraqi Kurdistan Revamps Glencore ... , Glencore Plc has restructured a $500 million oil-for-cash loan to Kurdistan in northern Iraq, reducing payments for 2020 as the semi-autonomous region struggles due to low petroleum prices.

Glencore in Kurdistan funds drive - BusinessLIVE , London — Glencore is seeking to raise $550m from investors through a debt issue guaranteed by oil from Iraqi Kurdistan in an attempt to secure a big slice of the high-risk — and high-reward —...

Glencore taps into Iraqi Kurdistan with $300 million oil ... , Glencore has paid Iraqi Kurdistan $300 million £210 million as an advance for oil as it seeks to compete with trading houses Vitol and Petraco for profitable business despite disruptions and ...

Glencore raises money for Kurdish oil deal, likely short ... , Glencore <GLEN.L> will likely fall short of its target of raising $550 million to pre-finance the purchase of Kurdish oil, with investors exercising caution despite the offer of a 12 percent bond ...

Glencore restructures US$500M oil loan with Iraqi Kurdistan , Glencore Plc has restructured a US$500 million oil-for-cash loan to Kurdistan in northern Iraq, reducing payments for 2020 as the semi-autonomous region struggles due to low petroleum prices.

Exclusive: Glencore seeks $550 million to raise stakes in ... , Glencore is seeking to raise $550 million from investors via a debt issue guaranteed by oil from Iraqi Kurdistan in an attempt to secure a big slice of the high-risk - and high-reward - market in ...

In a hole - Glencore’s attempt at reinventing mining has ... , A sign at the mine indi es it is 1,320km to Kinshasa, the capital, half a week’s drive away. Another arrow points to a less likely destination: Baar, a sleepy suburb of Zurich, 6,600km away at...

Glencore out with Kurdish oil pre-payment facility ... , Glencore is looking to raise $550 million from investors, via a note issue, to fund an equivalent sized oil-backed pre-payment facility to the Erbil-based government of Kurdistan in Iraqi Kurdistan.

Glencore joins Kurdistan with $300m oil deal , Kurdistan began direct oil sales to world markets in mid-2015 as it said the central government in Baghdad had failed to respect a budget deal, depriving the Kurdistan Regional Government KRG of funds to pay state and army salaries as it seeks to defeat Islamic State militants.

Glencore seeks $550m to raise stakes in Kurdish oil game , Glencore is seeking to raise $550 million from investors via a debt issue guaranteed by oil from Iraqi Kurdistan in an attempt to secure a big slice of the high-risk – and high-reward – market ...

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glencore in kurdistan funds drive