Tuesday, March 29, 2016

Glencore: Moody’s maintains credit rating in category … – Boursier.com

(Boursier.com) – Moody’s maintains the long-term credit rating of Glencore to “Baa3″. The agency explained its choice by strong results and cash flow from the Group’s trading activities, its strong liquidity position and access to bank financing. The expectation of a further reduction of debt in 2016 also justifies maintaining the rating of the mining giant and brokerage investment grade.

 JB.A. – © 2016 Boursier.com
 

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