Linklaters and Clifford Chance (CC) have won roles on two financing deals for Glencore worth nearly $16bn (£10bn) in total.

The most recent financing was signed last month (25 April) and saw the mining giant raise $12.5bn (£7.7bn) for Glencore International and Glencore Singapore, through revolving credit facilities with a syndicate of 91 banks. Earlier in April the commodities giant set up a $3.1bn (£1.9bn) liquidity facility, relating to its ongoing merger with rival mining giant Xstrata, backed by a 30-strong banking consortium.

Linklaters acted for Glencore on both deals, with City finance partners John Tucker (pictured) and Toby Grimstone at the helm. Meanwhile, CC took the lead for both bank consortiums, with London energy partner Russell Wells leading a team which also included Singapore banking partner Andrew Brereton.

The financing roles come after the magic circle duo also took the lead on Glencore's landmark $10bn (£6bn) initial public offering (IPO) on the London Stock Exchange (LSE) last year, with Linklaters City corporate partner Charlie Jacobs leading for the issuer and CC acting for the underwriters.

Jacobs is also advising Glencore on its planned merger with Xstrata, announced in February this year, which will form a mining giant worth nearly $90bn (£56bn). Freshfields Bruckhaus Deringer corporate partner Julian Makin is advising Xstrata.