Glencore Investor Harris Lauds $13 Billion Debt-Paring Plan

  • Investor hints at buying more stock given price weakness
  • Glencore shares plunged 73% in past year on China slowdown

Glencore Plc’s third-largest investor, Harris Associates LP, said the Swiss trader and miner is making great progress on a $13 billion debt-reduction plan designed to bolster finances during the commodities rout.

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