Tag Finance

Gunvor Launches USD 800 Mil. Revolving Credit Facility

GENEVA | 12 OCTOBER 2012 Gunvor Group Ltd (“Gunvor” or the “Group”) is pleased to announce the launch of a US$ 800,000,000 revolving credit facility (the “Facility”) in favour of Gunvor International B.V. and Gunvor SA (the “Borrowers”). The launch is a part of Gunvor’s successful strategy to both grow and diversify its financing to

Gunvor Launches USD 500 Million Syndication for Belgian Refinery

Antwerp, Belgium | 11 July 2012 Gunvor Group Ltd is moving ahead with plans for its new refinery in Belgium, having successfully launched a USD 500 million borrowing base secured revolving credit facility (RFC) to support operations. ING and Rabobank are the two Bookrunning Mandated Lead Arrangers of this facility, which will be used to

Gunvor Group Ltd Successfully Extends European Syndication

Geneva, Switzerland | 26 June 2012 Gunvor Group Ltd today announced the successful completion of an extension of the European one-year tranche of its Revolving Credit Facility (RFC). The extension is for 6-months, with a maturity in December 2012. The refinancing process for the European syndication will begin in September. The extension comes on the

Gunvor Singapore Pte Ltd’s Oversubscribed USD 635 Mil. Syndication Affirms Asian Growth Strategy

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

BNPP and RBI Successfully Closed 5-year USD 250 Mil. Secured Acquisition Security in Favour of Gunvor

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

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

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

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)

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