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DUBAI | 11 APRIL 2013 Gunvor Group, here comprising Gunvor S.A, Gunvor Middle East DMCC and Gunvor Singapore Pte Ltd, (together “Gunvor” or the “Company”) has launched the syndication of a USD 300 million secured uncommitted borrowing base revolving credit facilities (the “Facilities”), which will be used to finance working capital needs for the purchase
DUBAI | 11 APRIL 2013 Gunvor Group, here comprising Gunvor S.A, Gunvor Middle East DMCC and Gunvor Singapore Pte Ltd, (together “Gunvor” or the “Company”) has launched the syndication of a USD 300 million secured uncommitted borrowing base revolving credit facilities (the “Facilities”), which will be used to finance working capital needs for the purchase
SINGAPORE | 8 APRIL 2013 Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group (“Gunvor” or the “Company”), today launched US$ 650,000,000 syndicated revolving credit facilities (the “Facilities”). The launch is part of Gunvor’s successful strategy to both grow and diversify its financing to support new investments and existing operations, which includes
SINGAPORE | 8 APRIL 2013 Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group (“Gunvor” or the “Company”), today launched US$ 650,000,000 syndicated revolving credit facilities (the “Facilities”). The launch is part of Gunvor’s successful strategy to both grow and diversify its financing to support new investments and existing operations, which includes
GENEVA | 22 JANUARY 2013 LLC Novorossiysk Fuel Oil Terminal (“NFT”), which is jointly owned by Gunvor Group (“Gunvor”) and PJSC Novorossiysk Commercial Sea Port (“NCSP”), has successfully closed a secured 7-year USD $110 million credit facility (the “Facility”) from ZAO Raiffeisenbank. The proceeds will refinance shareholder loans used to construct the fuel oil terminal
GENEVA | 22 JANUARY 2013 LLC Novorossiysk Fuel Oil Terminal (“NFT”), which is jointly owned by Gunvor Group (“Gunvor”) and PJSC Novorossiysk Commercial Sea Port (“NCSP”), has successfully closed a secured 7-year USD $110 million credit facility (the “Facility”) from ZAO Raiffeisenbank. The proceeds will refinance shareholder loans used to construct the fuel oil terminal
GENEVA | 9 JANUARY 2013 Gunvor Group announces the appointment of a newly created position, Technical Director Refining, and the hiring of a new Refinery Manager for its Independent Belgium Refinery (IBR), consistent with the integration of refining into Gunvor’s operations. Marcel Mazenauer, refinery manager at Gunvor’s IBR, will move to the company’s Geneva office,
GENEVA | 9 JANUARY 2013 Gunvor Group announces the appointment of a newly created position, Technical Director Refining, and the hiring of a new Refinery Manager for its Independent Belgium Refinery (IBR), consistent with the integration of refining into Gunvor’s operations. Marcel Mazenauer, refinery manager at Gunvor’s IBR, will move to the company’s Geneva office,