Glencore signs $12.8bn revolving credit facilities

Apr 27, 2012 | 03:53 AM |

Glencore has signed revolving credit facilities worth $12.8 billion, renewing its existing credit lines, the company said. The facilities, which were launched at $10 billion, closed “substantially oversubscribed” on high demand from financial institutions around the world, Glencore said. A....





Latest Pricing Trends

Poll

Do you think steel mills will succeed in their efforts to stop selling at a discount to the CRU index?

Yes
No
It’s too early to tell


View previous results

AMM Events


Quote

This whole thing is becoming a game of smoke.

Midwest service center