Glencore to suspend dividend, raise equity to cut debt

JOHANNESBURG, Sept 7 (Reuters) - Mining and commodities trading firm Glencore on Monday said it will suspend dividends, sell assets and raise $2.5 billion in a new share issue as it aims cut it net debt to $20 billion by the end of next year.

from Reuters: New Issues News http://ift.tt/1K0RQiX