Gunvor Successfully Closes USD 1.225 Billion Revolving Credit Facility
Geneva (ots/PRNewswire) - Gunvor Group Ltd ("Gunvor" or the "Group") has signed a USD 1.225 billion revolving credit facility ("RCF" or "Facility") in favour of Gunvor International B.V. and Gunvor SA. Initially launched at USD 1 billion, the Facility received strong support from Gunvor's banking partners and showed substantial over-subscription of 22.5%.
"The strong, continued support Gunvor has seen from our banking partners underscores their confidence in our business model, as well as our position as a top energy!-->…