Glencore short-term credit facility refinancing oversubscribed

01.04.2022

Glencore PLC, a global commodity trader whch also owns and operates Kazakhstan’s Kazzinc combine, on Thursday said it has refinanced its committed short-term revolving facilities, which will go towards general corporate purposes.

The facilities were initially launched by the Baar, Switzerland-based commodity trader and miner at USD5 billion, but closed substantially...