News
10 December 2015

Glencore plans even bigger debt cuts amid price crisis

Region:
Europe

Swiss-based commodity trader Glencore has vowed to cut debt even further, reduce operations and sell more assets amid a worsening slump in commodity prices. The company now plans to lower debt to $18 billion by the end of 2016.

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


Video
26 May 2026

UKEF’s Reid talks ‘times like these’

UKEF’s Chief Executive, Tim Reid, sat down with TXF in his offices in Horse Guards Road to discuss origination strategies for UK exporters, practical partnerships, defence,...

Perspective
27 May 2026

FEX: Reversing the brain drain

The Future of Export Finance (FEX) network continues to expand its international footprint, with chapters across Finland, the UK, France, the GCC, the Netherlands and DACH...