Lenz & Staehelin advises Lenders on USD 17.34 Billion Refinancing of Glencore Xstrata
On June 14, 2013, Glencore Xstrata plc announced the signing of revolving credit facilities for a total amount of USD 17.34 billion. The transaction is described in the press as the largest corporate refinancing since 2006. Lenz & Staehelin acted as counsel to the lenders. The team included Marcel Tranchet and Simon Kämpfer.