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Gunvor Signs USD 1.55 Bil. Revolving Credit Facility
Geneva, Switzerland | 21 June 2011 Gunvor Group Ltd (“Gunvor Group” or the “Company”) is pleased to announce the successful signing of a US$1,550,000,000 Revolving Credit Facility (the “Facility”) in favour of Gunvor International B.V. (“Gunvor International”), Gunvor SA and Gunvor Singapore Pte Ltd (“Gunvor Singapore”) (together the “Borrowers”). The Facility was arranged by ABN
Gunvor Group Announcement
Geneva, Switzerland | 3 May 2011 Gunvor Group Ltd, one of the world’s leading energy trading companies, announces that it has decided to put on hold its development of trading in the European power market due to the current difficult market conditions. The decision does not affect any other activity of the company, such as
Gunvor Group Ltd 2010 Statement
Geneva, Switzerland | 23 February 2011 The Gunvor Group Ltd, one of the worlds leading energy trading companies, announces an 11% increase in volume year-to-year to 104 Million tons and a turn-over of USD 65 Billion, up from USD 53 Billion in 2009. Trading conditions were less favorable than in the previous year with narrower
Strong Demand Leads Gunvor to Increase Its Facility to USD 1.03 Bil.
Geneva, Switzerland | 24 June 2010 Gunvor International B.V. (“Gunvor International” or the “Company”) and Gunvor Singapore Pte Ltd (“Gunvor Singapore”) are pleased to announce the successful signing of their US$1,030,000,000 Revolving Credit Facility (the “Facility”) which was significantly oversubscribed and increased from the initial launch amount of US$750,000,000. The Facility was arranged by BNP
HSBC Joins Syndicate Arranging Gunvor’s USD 750 Mil. Revolving Credit Facility
Geneva, Switzerland | 11 May 2010 Gunvor International B.V. (“Gunvor International” or the “Company”) is pleased to announce that The Hong Kong and Shanghai Banking Corporation Limited (“HSBC”) has joined the syndicate arranging the USD 750,000,000 Revolving Credit Facility (the “Facility”) that was announced on 6 May 2010. HSBC will act as a Bookrunner with
Gunvor Announces Launch of USD 750 Mil. Revolving Credit Facility
Geneva, Switzerland | 6 May 2010 Gunvor International B.V. (“Gunvor International” or the “Company”) is pleased to announce the launch of a USD 750,000,000 Revolving Credit Facility (the “Facility”) in favour of Gunvor International and Gunvor Singapore Pte Ltd (“Gunvor Singapore”). BNP Paribas, Crédit Agricole Corporate and Investment Bank, Credit Suisse AG, Fortis Bank (Nederland)
Successful 2009 for Gunvor Group
Geneva, Switzerland | 13 January 2010 The Gunvor Group Ltd, one of the world’s major independent energy companies announces that 2009 was a very good year for the company. Total traded oil volume was up 10% at 2.3 mil. barrels per day. Turnover was $50 bil., down from $65 bil., due to a lower oil
Gunvor Energy Trading is Now Operational
Geneva, Switzerland | 11 January 2010 Gunvor International B.V. (“Gunvor”), one of the world’s major independent energy companies, has now marked a new phase in its expansion into the European energy markets by entering its first trades in the Natural Gas, Power and Carbon markets over the New Year and extending its trading capability across
Gunvor Appoints Stephane Caudron as Head of LNG
Geneva, Switzerland | 19 November 2009 Gunvor International B.V. (“Gunvor”), one of the world’s major independent energy companies announces Stephane Caudron will be starting on 1 January 2010 as Head of LNG. Mr. Caudron will join Gunvor from RBS Sempra where he was also Head of LNG. He brings more than 25 years experience in
Gunvor Appoints Paymon Aliabadi to Head New Global Energy Division
Geneva, Switzerland | 1 September 2009 Gunvor International B.V. (“Gunvor”), one of the world’s major independent companies specialising in the trade, transport and storage of oil and petroleum products, announces that it has appointed Mr Paymon Aliabadi to head its newly formed Global Energy Division (Global Coal & Freight, Emissions & Renewables, Gas & LNG