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Banks Support Gunvor with USD 600 Mil. Syndicated Loan

Geneva, Switzerland | 6 July 2009 Leading independent oil trader Gunvor International B.V., headquartered in Amsterdam, has signed a revolving one-year credit facility of USD 600m, successfully refinancing and extending last year’s debut of USD 370m. Just as the 2008 debut was oversubscribed, this year’s refinancing also attracted significant interest and original plans for a