Glencore's Credit Rating at Risk If Commodity Slump Doesn't Stop

Updated on
  • Commodities trade below S&P, Moody's ratings assumptions
  • Glencore at second-lowest investment grade at S&P, Moody's

Glencore Wipes Out Monday’s Record Loss

Glencore Plc is doing everything from selling assets to ditching the dividend to retain its credit rating, but there’s one big thing the company can’t control: commodity prices.

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