LPC: Gunvor Singapore closes increased US$1.04bn loan

May 26, 2016 1:00 PM

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LONDON Gunvor Group has closed US$1.041bn of syndicated revolving credit facilities to support new activities and existing operations in Asia Pacific, the company said on Thursday.

The financing, which is for wholly-owned subsidiary Gunvor Singapore Pte Ltd, is split between a US$955m, one-year tranche and an US$86m, three-year tranche.

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