Tag Finance

Gunvor asian rcf tops us $1 billion after additional interest

Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor Group”), has increased its USD911.7 million syndicated revolving credit facility (the “Facility”) to USD1.0627 billion on 24 July 2015 through accordion to accommodate additional interest in…

Gunvor increases middle east borrowing base to us $525 million

Gunvor Group, comprising Gunvor SA, Gunvor Middle East DMCC and Gunvor Singapore Pte Ltd, (together “Gunvor” or the “Company”) has signed a US $525 mil. secured uncommitted borrowing base facility (the “Facility”), which represents an increase of US $105 mil.…

Gunvor Singapore Closes Asian RCF Oversubscribed at USD 911.7 Million

Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor Group”), has signed a USD 911.7 million syndicated revolving credit facility (the “Facility”). Initially launched at USD 550 million, the Facility was well received by the…

Gunvor singapore launches us$550 million revolving credit facility

Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group (“Gunvor” or the “Company”), today launched a US$550 million syndicated revolving credit facility (the “Facility”), which will support new activities and existing operations in the Asia Pacific. DBS…

Gunvor closes oversubscribed us$ 1.09 billion revolving credit facility

Gunvor has signed a US$ 1.09 billion Revolving Credit Facility, which will be used to finance general corporate and working capital requirements. The Facility was oversubscribed, having launched at US$ 900 million, and complements the existing US$ 305 million Facility that matures in 2016.

Gunvor launches us $900 million revolving credit facility

Gunvor has launched the syndication of a US $900 million Revolving Credit Facility to replace the maturing tranche, which is used to finance general corporate and working capital requirements.

Gunvor increases renewed middle east facility to us $420 mil.

Gunvor Group has signed a US $420 mil. secured uncommitted borrowing base facility, which launched at US $300 mil. and was significantly oversubscribed, enabling Gunvor to increase it US $20 mil. over last year’s amount.

Gunvor Closes $500 Mil. Refinancing For Ingolstadt Refinery Borrowing Base

Gunvor Group has successfully closed the refinancing of its US $500 mil. uncommitted secured revolving borrowing base facility, which will initially refinance the maturing facility that had been signed in July 2013, before continuing to finance the Group’s refining and marketing activities in greater Bavaria and the surrounding countries.

Gunvor Closes Asian RCF Oversubscribed At US $536.6 Million

SINGAPORE | 5 JUNE 2014 Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group (“Gunvor”, or the “Company”), has closed a US $536.6 mil. syndicated revolving credit facility (the “Facility”), which will support existing operations in the Asia-Pacific region. The Facility was oversubscribed, having launched at US $350 mil. Due to continuing...

Gunvor Singapore Launches US $350 Mil. Revolving Credit Facility

SINGAPORE | 28 APRIL 2014 Gunvor Singapore Pte Ltd (the “Borrower”), a wholly-owned subsidiary of Gunvor Group (“Gunvor” or the “Company”), has launched a US $350 mil. syndicated revolving credit facility (the “Facility”), which will support new investments and existing operations in the Asia-Pacific. “Gunvor is in a strong position, having pursued a strategy to...