Tag Finance

Gunvor signs new up-to-eur 240 million eu emissions borrowing base

GENEVA (27 February 2023) – Gunvor Group, a leading global physical energy trading company, has signed a new uncommitted borrowing base facility (the “Facility”) to support trading activities on the European Union Emissions Trading System (EU ETS). The Facility, which…

Gunvor closes us $1.565 billion lng syndicated borrowing base facility

Gunvor Group, a leading independent trader of liquefied natural gas (LNG) worldwide, has renewed its syndicated borrowing base facility (the “Facility”) to support the working capital needs of the company’s growing LNG activities globally. The syndication launched at US $1.2…

Gunvor upsizes innovative natural gas facility to eur 570 million

Natural gas facility sees doubling of support from financing partners Gunvor Group (“Gunvor” or “the Company”) has successfully closed a EUR 570 million working capital transaction (the “Facility”), which consists of a syndicated, pan-European natural gas repo facility covering multiple…

Gunvor usa closes us $1.45 billion borrowing base facility

Gunvor USA LLC (“Gunvor USA” or “the Company”), a subsidiary of Gunvor Group Ltd (“Gunvor” or “the Group”), has successfully closed the syndication of its US $1.45 billion uncommitted borrowing base credit facility (“the Facility”). The Facility includes a US…

Gunvor secures us$912 million sustainability-linked asia rcf with oversubscription

SINGAPORE (23 June 2022) – Gunvor Singapore Pte. Ltd. (the “Borrower”), a wholly-owned subsidiary of Gunvor Group Ltd (“Gunvor” or the “Company”), has closed a US$912 million sustainability-linked, syndicated revolving credit facility (the “Facility”) on 20 June 2022. The Facility,…

Industry giants gain unprecedented insignt into the climate pact of their shipping activities

For the first time, some of the world’s largest energy, agriculture, mining, and commodity trading companies publish the climate alignment of their shipping activities and gain access to new data that will allow them to work with their business partners…

Gunvor group appoints jeff webster as group cfo

Gunvor Group, one of the largest physical energy trading companies in the world, has appointed Jeff Webster as Group Chief Financial Officer (CFO). Jeff will be based in Geneva, Switzerland, and will serve on the Executive Committee. Jeff has more…

Gunvor completes first samurai loan

Gunvor Group, one of the largest independent commodities trading companies in the world, has successfully closed a JPY27 billion (approximately US $236 million) 3-year term loan, representing the company’s first Japanese Yen (JPY) denominated transaction (“Samurai” loan). The facility was…

Gunvor secures new us $1.135 billion lng syndicated borrowing base facility

First of its kind LNG facility includes scope 1, 2, and 3 emissions measurement commitments Gunvor Group, the largest independent trader of liquefied natural gas (LNG) worldwide, has signed a new syndicated borrowing base facility (the “facility”) to support the…

Gunvor usa closes us $1.33 billion borrowing base facility

Gunvor USA LLC (“Gunvor USA” or “the Company”), a subsidiary of Gunvor Group Ltd (“Gunvor” or “the Group”), has successfully closed the syndication of its USD 1.33 billion borrowing base credit facility (“the Facility”). The Facility includes a US $500…