Glencore refinances and downsizes BBF
Glencore has signed a $525 million one-year borrowing base facility (BBF) to refinance its $750 million BBF from October last year. The new European facility was signed on 17 October. Leading the deal was ING, Societe Generale and DBS. Other mandated lead arrangers include, ABN Amro, SMBC, Rabobank,...