GENEVA, SWITZERLAND — (Marketwire) — 12/11/12 — , together with Credit Agricole and Natixis, acting as Co-Arrangers, designed a collateral-pooled facility to support its crude oil operations in the Americas. The USD $530 million facility was fully subscribed by six core banks in record time, packing in about two months. The facility will serve the and the downstream sales to refiners in South and North America, including the United States.
Gunvor Group is one of the world–s largest independent commodity trading companies by turnover, providing integrated trading products and logistics services for participants in the worldwide oil and energy markets. The Group–s main trading offices are in Geneva, Singapore, Nassau and Dubai, with a network of representative offices around the globe. Follow Gunvor on .
Contacts:
Gunvor Group
Seth Thomas Pietras
+41 79 870 6290