Glencore Debt Swaps Jump to Six-Year High as Copper Price SlidesBy
Copper trades below $4,400 a ton for first time since 2009
Glencore may need to reduce debt further: Union Investment
The cost of insuring Glencore Plc’s debt against default rose to a more than six-year high as the price of raw materials such as copper continued to tumble.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.