Swiss trader and shipowner Glencore has arranged a huge new financing package worth nearly $10bn.
The mammoth 12-month deal refinances and extends nearly $9.09bn of revolving credit facilities from 24 May this year.
It was initially looking to raise $8bn, but the fundraising was "substantially oversubscribed" at nearly $10.6bn, it said, reflecting strong support from its broad group of relationship banks, Glencore said.
This was ultimately scaled back to $9.775bn, with an option to stretch it for another year.
A total of 53 banks committed cash.
A longer-term $4.65bn revolving credit facility was also extended for five years to 2024. Two one-year extension options remain.
Money will be used for corporate purposes.
Earlier this month the company launched a $2bn share buyback through to the end of 2019.
Glencore revealed net profit fell to $3.4bn in 2018, down from $5.77bn the year before.
Adjusted EBITDA increased 8% to $15.8bn.
