Gunvor boosts RCF refi to $1.67bn

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Gunvor boosts RCF refi to $1.67bn

Elly Whittaker
November 17, 2016 06:00 PM
Colombian oil
COLOMBIA Industry Oil Exploration Guavio 1 1959 the first wildcat exploration oil rig on the edge of the Llanos in foothills of Cordillera Oriental. Texaco drillers found oil and this well was forerunner to large oil discoveries in 1980s | Press Association Images

Commodity trader Gunvor increased its European revolving credit facility by around 50% to meet oversubscribed commitments, having also grown its $725m working capital loan after strong demand.

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