Vitol attracts strong interest for latest RCF

Region:

Europe

Jonathan Bell

Editor-in-chief

Energy trading company Vitol has attracted strong interest from international banks resulting in the signing of its $7 billion revolving credit facility (RCF). These new facilities will be used for general corporate purposes and will refinance the company’s maturing $5.22 billion three-year RCF signed in October 2011, and its $782 million 364-day RCF signed in October 2012.

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