Gunvor sets out tickets for one and three year revolvers

By Olivier Holmey
24 Oct 2013

Commodity trading firm Gunvor Group has launched a $1.2bn revolving credit facility to support the existing operations and new investments and of its subsidiaries Gunvor International BV and Gunvor SA.

The deal consists of two tranches, the issuer announced on Thursday: one revolver due to mature in 364 days, paying 170bp over Libor, and another to mature in three years’ time, paying 245bp.

ABN Amro, Crédit Agricole, Credit Suisse, ING, Natixis, Rabobank, RBS and Société Générale have been mandated ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial