Gunvor finally closes oversubscribed global RCF

Region:

Middle East & Africa, Americas, Asia-Pacific, Europe

Jonathan Bell

Editor-in-chief

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.

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