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Pressure mounts on Glencore's euro debt
Published Tue, Sep 29, 2015 · 09:50 PM
London
GLENCORE'S euro-denominated debt came under more pressure when the market opened on Tuesday morning, with its bonds selling off by up to 11 points, according to Thomson Reuters data.
Glencore's 1.25 billion March 2017 bonds saw the biggest fall in cash price terms, dropping 11.09 points to 86.133 and pushing the yield up to over 16.5 per cent.
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