Glencore

Glencore - RCF

Borrower(s)
Glencore
Industry
Metals and Mining/Base metals
Area of finance
Commodity Trade Finance
Region
Europe
Europe
Countries
Switzerland

Deal Overview

This $2.55 billion securitisation program is one of the largest of its kind, involving the purchase of trade receivables from Glencore's UK and Singapore subsidiaries through an Irish-domiciled SPV. The deal is notable for its size, innovative structure, flexibility, and pricing. It achieves...

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Deal Volume
$2.55bn
Financial Close
23/12/2025
Dealmakers
Hala Tayyarah

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Sergey Samokhvalov

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Sources
Submitted by participant(s)

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Tranches

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