News
08 November 2023

Gunvor USA raises borrowing base facility to $1.6bn

In:
Oil & gas
Region:
Americas

Gunvor USA has closed the syndication of its $1.6 billion uncommitted borrowing base credit facility. The facility includes a $1.28 billion one-year tranche, a $320 million two-year tranche, and a $500 million accordion feature, which remains available to support future growth.Proceeds will...

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