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

Gunvor Group has successfully refinanced a US $340 million borrowing base facility, increasing the amount from US $300 million. CA Indosuez (Switzerland) SA and Natixis served as Arrangers for the facility, and Natixis acted as Agent. Citibank, a new participant, joined with the accordion feature. The borrowing base is a 1-year revolving facility that will

Gunvor Group Ltd, one of the world’s leading independent commodities trading houses, today released results for the year ended 31 December 2016.