Gunvor’s Middle East borrowing base oversubscribed

Region:

Middle East & Africa

Daniel Sheriff

CEO

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.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

TXF Export Finance Research Report: Scaling markets

Perspective

17 June 2026

TXF Export Finance Research Report: Scaling markets

TXF Intelligence’s Export Finance Research Report 2026 is now available, with its quantitative data based on 460 survey responses and its qualitative data based on interviews...

Perspective

23 June 2026

TXF Global 2026: A wider ECA umbrella

The next phase of export, agency, and project finance will be defined by strategic collaboration, regulatory modernisation, and a broader ECA mandate. Here are the main...

Must See

Video

08 June 2026

Behringer at Siemens FS retains his zeal for sustainable projects

Tobias Behringer, head of financial advisory at Siemens Financial Services discusses how the financing arm is retaining the momentum for transition financing at lill Global Symposium 2026 in Oxford. How will he maintain the engineering company’s commitment to sustainable industrial transformation amid global challenges?

Perspective

17 June 2026

TXF Export Finance Research Report: Scaling markets

TXF Intelligence’s Export Finance Research Report 2026 is now available, with its quantitative data based on 460 survey responses and its qualitative data based on interviews with 30 senior market players at banks, ECAs, exporters, borrowers and importers.

Perspective

23 June 2026

TXF Global 2026: A wider ECA umbrella

The next phase of export, agency, and project finance will be defined by strategic collaboration, regulatory modernisation, and a broader ECA mandate. Here are the main takeaways from Exile Global 2026.