Glencore strikes deal with Katanga over $5.8 billion rights issue

Katanga Mining Limited, a big Congolese copper and cobalt producer, said on Thursday it would raise around $7.6 billion Canadian dollars ($5.8 billion) via a rights issue as part of a debt-for-equity swap with parent Glencore.

from Reuters: New Issues News https://ift.tt/2NodNQW