Glencore Signs $15B Loan Refinancing

摘要

Global diversified natural resource company Glencore said it has signed $15.25 billion of revolving credit facilities to refinance existing facilities totaling $15.3 billion. The new facilities refinance an $8.7 billion, one-year facility signed in June 2014 as well as amending and extending a $6.6 billion, fiveyear facility also agreed in June 2014. The financing comprises an $8.45 billion, 12-month revolving credit facility with a 12-month term-out option and a 12-month extension option; and a $6.8 billion, five-year revolving credit facility with two 12-month extension options.