Xstrata plans rights issue to raise $5.9 billion (Reuters)

A logo of the Swiss mining company Xstrata is shown at the Headquarters in Zug March 26, 2008. (Michael Buholzer/Reuters)Reuters – Mining group Xstrata Plc, whose shares have been hit by worries about its debt, said it plans to raise about $5.9 billion through a heavily-discounted two-for-one rights issue of new stock.

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