GLENCORE INTERNATIONAL PLC (GLCNF, $5.03 June 21st midday; RATED OVERWEIGHT; PRICE TARGET USD $7) ALTERNATIVE $10 BILLION DEBT REDUCTION SCENARIO ANALYZED IF NO XSTRATA MERGER 6/21/2012
GLENCORE INTERNATIONAL PLC (GLCNF, $5.03 June 21st midday; RATED
OVERWEIGHT; PRICE TARGET USD $7) ALTERNATIVE $10 BILLION DEBT
REDUCTION SCENARIO ANALYZED IF NO XSTRATA MERGER 6/21/2012