Gunvor USA LLC, a subsidiary of Gunvor Group, has successfully closed the syndication of its US $875 million Borrowing Base Credit Facility. The facility will support the company’s established operations in the United States, as well as planned expansion into Canada. Gunvor USA LLC has two main offices, located in Houston (TX) and Stamford (CT),

Gunvor Group (“Gunvor”), one of the largest physical commodities trading houses in the world, has entered into an arrangement to sell its stake in the Maasvlakte Olie Terminal (“MOT”) in Rotterdam, the Netherlands to Aramco Overseas Company B.V. (“AOC”), a subsidiary of Saudi Aramco.  The sale is targeted for completion by the end of October. 

Gunvor Group has successfully closed a €450 million borrowing base facility to support ongoing operations and provide working capital for its oil refinery in Ingolstadt, Germany. The 1-year revolving facility launched at €400 million and was significantly oversubscribed, reflecting a strong appetite by the market. This Euro-denominated borrowing base facility replaces an existing USD denominated

Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US $1,135 million Syndicated Revolving Credit Facilities (the “Facilities”), which will support new activities and existing operations in the Asia Pacific. The Facilities were launched at US $800 million, and as a result of strong