Glencore - is $10bn enough? | Lex
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Glencore, the miner and commodities trader, plans to raise $10bn for debt reduction by selling equity, cutting its dividend and disposing of assets. Lex's Robert Armstrong and Alan Livsey discuss whether this is enough to protect its debt rating and lure investors back.
► Lex: http://bit.ly/1I14JZF
► FT Business: http://bit.ly/1KUK08s
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Glencore, the miner and commodities trader, plans to raise $10bn for debt reduction by selling equity, cutting its dividend and disposing of assets. Lex's Robert Armstrong and Alan Livsey discuss whether this is enough to protect its debt rating and lure investors back.
► Lex: http://bit.ly/1I14JZF
► FT Business: http://bit.ly/1KUK08s
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes