Gunvor’s Middle East borrowing base oversubscribed

Energy trading company Gunvor Group - comprising Gunvor SA, Gunvor Middle East DMCC and Gunvor Singapore - has signed $400 million secured uncommitted borrowing base facilities. The facilities initially launched at $300 million and as such were significantly oversubscribed. After scaling back, Gunvor elected to take $400 million.

Hello stranger, fancy seeing you here…

Unfortunately you’ve stumbled across our paid-for content but that’s not a problem, join the TXF Essentials community today for unrestricted access to:
  • Daily news and analysis from our TXF experts
  • Access to TXF data dashboards and Smart Search
  • Market reports and bi-annual long reads
  • And much much more...

Sign in to post a comment. If you don't have an account register here.

You Might also like