Traders price Glencore debt like it was junk as group looks to calm investors

by | October 1, 2015 7:37 pm

Traders are quoting prices for Glencore debt in a manner normally associated with junk bonds as the miner and commodity trading house attempts to restore investor confidence. Prices for Glencore’s debt rebounded yesterday alongside the share price as investors debated its ability to manage its debt pile in the commodity downturn. The group retains an…

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