Glencore scales new peaks with Project Matterhorn

In:

Oil & gas

Region:

Asia-Pacific, Europe

Ralph Ivey

Commodities Editor

Share:

Glencore has entered the securitisation market for the first time with an industry-leading receivables transaction. The challenges involved were significant, even for a borrower of Glencore's quality. Yet its success is another sign of the credit strength that now exists within the top tier of commodity traders.