| Home : GE Capital and Gunvor Launch EUR 225 Mil. Receivables Financing Program |
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Jul 29
2013 |
GE Capital and Gunvor Launch EUR 225 Mil. Receivables Financing Program |
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GENEVA, SWITZERLAND--(Marketwired - July 29, 2013) - Gunvor Group and GE Capital have launched a EUR 225 mil. factoring program for Gunvor's receivables portfolio to finance part of Gunvor's German refining business. The deal is a part of Gunvor's broader strategy to diversify its financing base while reducing liquidity risk throughout its businesses. |
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| Source:http://www.marketwire.com/mw/release.do?id=1815363&sourceType=3 |
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