Pestalozzi advises Glencore in connection with obtaining noteholders consent and the restructuring of a USD 950 million notes issuance
In connection with amendments to an indenture issued by Glencore Funding LLC, Delaware, the holders of the outstanding notes of total USD 950 million were invited to consent to certain amendments. Citigroup Global Markets Limited, London, and Deutsche Bank Securities Inc., New York, are acting as the solicitation agents in connection with the consent solicitation. Glencore was advised by Pestalozzi.