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Glencore signs USD 15.25 billion Revolving Credit Facilities
posted:
28/05/2015
Glencore signs USD 15.25 billion Revolving Credit Facilities
Baar, Switzerland
28 May, 2015
Glencore plc ("Glencore") is pleased to announce the signing of revolving credit facilities (the "Facilities") for a total amount of USD 15.25 billion.
The Facilities were initially launched at USD 14 billion and closed substantially oversubscribed, raising USD 17 billion, due to strong support from Glencore’s broad group of relationship banks. A total of 60 banks committed to the Facilities, including 34 Mandated Lead Arrangers and Bookrunners.