Glencore signs USD 12.8 billion Revolving Credit Facilities
posted:
26/04/2012
Glencore signs USD 12.8 billion Revolving Credit Facilities
26 April, 2012
Glencore International plc (“Glencore”) is pleased to announce the signing of revolving credit facilities totalling USD 12.8 billion (the “Facilities”), which renew Glencore’s existing revolving credit facilities. The Facilities, initially launched at USD 10 billion, closed substantially oversubscribed, due to strong demand from financial institutions globally. A total of 91 banks have committed to the above facilities, including 22 Mandated Lead Arrangers and Bookrunners who each committed USD 350 million...