Senior lenders back Glencore’s loan refinancing

February 9, 2016

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Global diversified natural resource company Glencore is expected to wrap up senior syndication of a one-year revolving credit that refinances existing debt by the end of next week after a strong market response, bankers said on Tuesday. Glencore is refinancing a $8.45-billion loan that supports the company’s trading activities, and was agreed in May 2015.

Category: General