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Glencore sees debt/EBITDA falling below 1.5 times in 2017
February 23, 2017 / 8:17 AM / in 8 months

Glencore sees debt/EBITDA falling below 1.5 times in 2017

LONDON, Feb 23 (Reuters) - Commodities giant Glencore expects its debt to core earnings ratio to fall below 1.5 times in 2017, well below its recently lowered long-term target of 2 times, as commodities prices rise, Chief Executive Ivan Glasenberg said on Thursday. (Reporting by Dmitry Zhdannikov; editing by Jason Neely)

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