By Matteo Castia

Glencore PLC said Wednesday that it has extended its short-term and long-term revolving credit facilities to May 2022 and May 2026, respectively

The mining and trading giant said the extended facilities are for general corporate purposes and have been reduced to $12.70 billion in order to maintain a lower level of net debt.

Shares at 1410 GMT were up 1.85 pence, or 0.7%, at 287.90 pence.

Write to Matteo Castia at matteo.castia@dowjones.com

(END) Dow Jones Newswires

March 31, 2021 10:31 ET (14:31 GMT)

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