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| Home : Gunvor Closes New US $290 Million Revolving Credit Facility to Support European Activities |
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Aug 05
2014 |
Gunvor Closes New US $290 Million Revolving Credit Facility to Support European Activities |
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GENEVA, SWITZERLAND--(Marketwired - Aug. 5, 2014) - Gunvor Group Ltd ("Gunvor" or the "Group") has closed a new US $290 million uncommitted off balance sheet instrument ("OBSI") revolving credit facility (the "Facility") in favour of Gunvor SA, Gunvor International B.V., Gunvor Deutschland GmbH, Gunvor Raffinerie Ingolstadt GmbH and Independent Belgium Refinery NV (together the "Borrowers"). This new Facility demonstrates Gunvor's successful strategy to grow and diversify its financing sources to support new investments and existing operations. |
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| Source:http://www.marketwired.com/mw/release.do?id=1935266&sourceType=3 |
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