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Syndicated Loans

Vitol's revolver refinancing grows from $5.5bn to $7.5bn

Oil Tanker 230x150

The Swiss-headquartered oil trader Vitol has signed $7.5bn of revolving credit facilities to refinance $7bn of loans signed in October 2013 and for general corporate purposes. The syndication was launched at $5.5bn and brought in some $8bn of orders.

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