Practice Areas - International Finance and Bank Credit Law Firms and Lawyers
| Deal Date: | 04-06-2015 | Practice Area: | International Finance and Bank Credit |
| Deal Title: | Glencore - Refinancing of Existing Revolving Credit Facilities | Industry: | Mining |
| Description: |
Clifford Chance advised a consortium of 60 lenders in relation to Glencore's USD15.25 bn revolving credit facilities, with HSBC acting as sole coordinators.
The deal involved the refinancing of Glencore's existing revolving credit facilities signed in June 2014, comprising of a new USD8,450,000,000 revolving credit facilities agreement and an amendment to an existing facility, expanding it to USD6,800,000,000.
The Clifford Chance team was led by Head of the Energy and Natural Resources Sector Group, partner Russell Wells, and included fellow London partner Richard Tomlinson.
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| Financial Center: | London | Value: | 5001.00-10000.00 |
| Advised Party: | Lender | Law Firm | Clifford Chance |
| Borrower | Switzerland | Lender | Switzerland |
| Classification: |
Syndicated and Bilateral Loans Syndicated Loans |
Lawyer | Russell Wells |
