LPC-Glencore launches refinancing of US$8.45bn loan

January 14, 2016 11:59 AM

29 0

LONDON Jan 14 Global diversified natural resource company Glencore has launched senior syndication of a refinancing of a US$8.45bn, one-year revolving credit facility that it signed in May 2015, banking sources said on Thursday.

The company has approached its top tier lenders and is looking to wrap the senior phase by the end of February, before launching a wider syndication post-results in April.

Also read: TD Ameritrade buying rival Scottrade for $4 billion

Read more

To category page