Glencore to buy back $1bn of bonds after $4.7bn windfall

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Glencore to buy back $1bn of bonds after $4.7bn windfall

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A truck hauls ore at Lomas Bayas open pit mine, Chile | Andrew Craig

Glencore launched a cash tender offer on Thursday, hoping to buy back $1bn of dollar bonds, after raising $4.7bn from asset sales in the past few weeks.

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