Chad
Glencore appoints advisers for debt relief talks with N'Djamena

Chad's biggest creditor, oil trading house Glencore, has enlisted an advisory bank to guide it through talks on restructuring N'Djamena's debt under the aegis of the Paris Club. [...]
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Chad
Glencore continues to sell its oil while waiting for its debt to N'Djamena to be restructured

In February, the Swiss group made a proposal to restructure its loan to N'Djamena. However, until an agreement has been reached with Chad, facilitated by Minister Djerassem Le Bemadjiel who is acquainted with the Swiss group, the latter will continue to pay itself back in kind.

LogoSubscribers only Energy, Commodity traders 02.05.2022

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