Perspective
04 December 2014
Gunvor finally closes oversubscribed global RCF
Region:
Middle East & Africa, Americas, Asia-Pacific, Europe
Gunvor Group has finally closed a $1.09 billion revolving credit facility (RCF) in favour of Gunvor International and Gunvor SA acting as the borrowers. The facility was originally launched back in October and as such has been a considerable time in the market. However, the range and geographical mix of banks taking part in the facility is particularly impressive. Overall, some 31 banks are involved.
