Vitol borrows $700m for Petrol Ofisi acquisition

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Vitol borrows $700m for Petrol Ofisi acquisition

Bianca Boorer
June 15, 2017 04:00 pm
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VIP Turkey Enerji, a subsidiary of oil and commodity company Vitol, has signed a $700m syndicated loan with 14 banks to finance the acquisition of Petrol Ofisi, Turkey’s largest oil distribution company.

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Central and Eastern Europe (CEE)Syndicated LoansJP MorganCEE LoansCitiEMEAINGTurkeyEmerging Market LoansEuropeEmerging MarketsHSBCCEE
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Bianca Boorer
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