News
01 November 2024

Gunvor USA closes upsized $2.3 billion credit facility

In:
Oil & gas
Region:
Americas

Gunvor USA has closed an upsized $2.34 billion uncommitted borrowing base facility with a syndicate of international banks. The total is comprised of a $1.75 billion one-year tranche and a $584 million two-year tranche. A $500 million accordion feature also features on the deal. Proceeds...

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