Gunvor launches amid last wave of commodity refis

Swiss oil trader Gunvor is in the market with a $450m revolver which it launched last week. The loan is set to be one of the last refinancings in the commodity sector of the year after a raft if successful transactions, though fellow Swiss group Vitol is also planning a deal.

  • 18 May 2009

BNP Paribas, Calyon, Credit Suisse, Fortis, ING, Rabobank and Société Générale are arranging the deal for Gunvor which replaces a $370m facility signed in July last year.

Meanwhile, Vitol is understood to be talking to banks about a refinancing, possibly in the form of a forward start. The ...

Please take a trial or subscribe to access this content.

Contact Mark Goodes to discuss your access: mark.goodes@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

GlobalCapital European securitization league table

Rank Lead Manager/Arranger Share % by Volume
1 Societe Generale 13.43
2 Rabobank 12.61
3 Morgan Stanley 10.27
4 Barclays 7.86
5 Natwest Markets (RBS) 7.15

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 27 Mar 2017
1 Bank of America Merrill Lynch 18,561.02 56 11.69%
2 Wells Fargo Securities 18,160.90 57 11.44%
3 JPMorgan 12,092.45 38 7.62%
4 Citi 11,878.92 43 7.48%
5 Credit Suisse 9,276.87 26 5.84%