News
10 July 2018

Glencore refinances and downsizes BBL

Region:
Europe

Glencore has refinanced and downsized its $1.2 billion Swiss borrowing base lending (BBL) facility (one of five BBLs it currently has in the market). Signed on the 29 June and effective as of July, the new $1 billion facility was oversubscribed and is said to have achieved more...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
04 April 2025

Traders take on assets as commodity volatility fades

Commodity traders reaped substantial profits off the back of market volatility in 2022 and 2023. With their war chests armed, they pursued a policy of diversification – across...

Perspective
14 April 2025

Atishoo: Non-bank trade finance trio catch a cold

The trade finance industry has suffered a trio of ailments since the end of 2024 with the shuttering of three different non-bank lenders. While the circumstances across the...