Glencore Extends, Reduces Revolving Credit Facilities
March 31 2021 - 10:46AM
Dow Jones News
By Matteo Castia
Glencore PLC said Wednesday that it has extended its short-term
and long-term revolving credit facilities to May 2022 and May 2026,
respectively
The mining and trading giant said the extended facilities are
for general corporate purposes and have been reduced to $12.70
billion in order to maintain a lower level of net debt.
Shares at 1410 GMT were up 1.85 pence, or 0.7%, at 287.90
pence.
Write to Matteo Castia at matteo.castia@dowjones.com
(END) Dow Jones Newswires
March 31, 2021 10:31 ET (14:31 GMT)
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