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News

Gunvor provides regular news updates here, as well as on Twitter and LinkedIn.

14 June 2012

Ingolstadt, Germany | 14 June 2012 More than 200 Petroplus Bavaria employees and members of management welcomed Gunvor Group CEO Torbjörn Törnqvist to the Ingolstadt plant last week. The visit was the first by Törnqvist since Gunvor announced the acquisition of the refinery’s assets, which will keep open the plant saving hundreds of jobs. “I

14 June 2012

Ingolstadt, Germany | 14 June 2012 More than 200 Petroplus Bavaria employees and members of management welcomed Gunvor Group CEO Torbjörn Törnqvist to the Ingolstadt plant last week. The visit was the first by Törnqvist since Gunvor announced the acquisition of the refinery’s assets, which will keep open the plant saving hundreds of jobs. “I

12 June 2012

Singapore | 12 June 2012 Gunvor Singapore Pte Ltd today signed a USD635 Million syndicated revolving credit facility (RCF), which drew considerable new support from local banks in the Asia-Pacific Region, affirming the Company’s decision to create a stand-alone syndication. The Facility was launched at USD470 Million and closed oversubscribed by 35 percent, a result

12 June 2012

Singapore | 12 June 2012 Gunvor Singapore Pte Ltd today signed a USD635 Million syndicated revolving credit facility (RCF), which drew considerable new support from local banks in the Asia-Pacific Region, affirming the Company’s decision to create a stand-alone syndication. The Facility was launched at USD470 Million and closed oversubscribed by 35 percent, a result

6 June 2012

Geneva, Switzerland | 6 June 2012 Gunvor Group Limited (“Gunvor”) has mandated BNP Paribas (“BNPP” or the “Coordinating MLA”) and Raiffeisen Bank International AG (“RBI”) (collectively the “Mandated Lead Arrangers & Bookrunners”) to arrange a US$ 250mn Secured Acquisition Facility (the “Facility) to finance 33.33% of the outstanding equity of the US based Signal Peak

6 June 2012

Geneva, Switzerland | 6 June 2012 Gunvor Group Limited (“Gunvor”) has mandated BNP Paribas (“BNPP” or the “Coordinating MLA”) and Raiffeisen Bank International AG (“RBI”) (collectively the “Mandated Lead Arrangers & Bookrunners”) to arrange a US$ 250mn Secured Acquisition Facility (the “Facility) to finance 33.33% of the outstanding equity of the US based Signal Peak

31 May 2012

Ingolstadt, Germany | 31 May 2012 Gunvor Group, one of the world’s major independent commodity trading companies, has announced that it has signed a purchase agreement to acquire the assets of Petroplus’ refinery in Ingolstadt and related German marketing activities. The acquisition is subject to customary closing conditions and regulatory clearance from competition authorities. The

31 May 2012

Ingolstadt, Germany | 31 May 2012 Gunvor Group, one of the world’s major independent commodity trading companies, has announced that it has signed a purchase agreement to acquire the assets of Petroplus’ refinery in Ingolstadt and related German marketing activities. The acquisition is subject to customary closing conditions and regulatory clearance from competition authorities. The