Glencore passes credit demand test as investors pile in to cyclical name
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Corporate BondsHigh grade and crossover bonds

Glencore passes credit demand test as investors pile in to cyclical name

glencore 230x150

Glencore, the UK commodity trading company, captured the corporate bond market’s attention on Wednesday with the first test of demand for a cyclical credit since the summer break. Investors jumped at the deal, with leads launching it flat to the borrower’s curve.

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