Gunvor Group Ltd (“Gunvor” or the “Group”) has signed a US$ 1.67 billion Revolving Credit Facility (the “Facility”) in favour of Gunvor International B.V. and Gunvor SA (the “Borrowers”), representing a 30% increase in the total available facilities. The Facility will replace the maturing Tranche A (US$ 1.15 billion) of the Borrower’s Revolving Credit Facility

Gunvor SA and Gunvor Belgium N.V., both subsidiaries of Gunvor Group, have closed a US $725 million borrowing base facility (“Facility”), which will provide working capital for Gunvor’s refining activities in the Amsterdam-Rotterdam-Antwerp (ARA) region. The Facility was launched at US $700 million and was oversubscribed at US $805 million, before being scaled back to

Gunvor USA LLC is pleased to announce the successful syndication of a US $500 million Borrowing Base Credit Facility, which will support the company’s newly established operations in the United States. Gunvor USA LLC has opened an office in Houston, Texas that initially will be trading refined products, natural gas, and asphalt/bitumen. The new facility

Recent reports concerning Gunvor’s ownership contain unchecked falsehoods. In 2007, for about a year, Mr. Petr Kolbin was a minority investor in Gunvor at a time when the company was looking to diversify its funding base as it grew. His participation did not ultimately make strategic sense and ended completely. He has not had any