30.01.2009 - Xstrata launches GBP4bln cash call to pay down debts
From Independent: Xstrata, the Swiss mining giant whose shares are listed on the London Exchange, wants to raise $5.9bn (4.1bn) in order to pay off debt and buy a coal mine from its major shareholder. Xstrata plans to issue almost 2 billion shares at a price of 2.10, some 66 per cent lower than Wednesday's 623p closing price, the company revealed yesterday. .... Full Article: Source
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