Glencore Deal in Chad Holds Key for G-20 Debt-Relief Breakthrough
- Chad’s debt renegotiation under G20 framework have been slow
- Glencore commitment to ease debt terms needed for deal
This article is for subscribers only.
Sign up to our Next Africa newsletter and follow Bloomberg Africa on Twitter
China, France and other creditors are trying to sway Glencore Plc and a syndicate of lenders to delay loan repayments owed by Chad, in the final stretch of an arduous race to lock in the first debt renegotiation under a global relief plan.