News
12 January 2016

Glencore debt swaps hit six-year high

Region:
Europe

The cost of insuring Swiss-based commodity giant Glencore's debt against default increased to a more-than six-year high as the price of raw materials such as copper continued to tumble. The company's credit default swaps rose to as much as 946 basis points.

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
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...

Perspective
02 June 2026

ECA market mourns untimely loss of industry giant Vineyesh...

The global export credit agency and project finance community is mourning the untimely passing of Vineyesh “Vinny” Sawhney, Senior Vice President of Reliance Industries, who...