Gunvor

Gunvor - BBL

Borrower (s)
Gunvor
Industry
Oil & gas/Gas -Trading
Area of finance
Commodity Trade Finance
Region
Europe
Countries
Switzerland

Deal Overview

Gunvor Group has signed a new syndicated borrowing base facility to support the working capital needs of the company’s growing LNG activities globally. The facility, structured around global LNG trade flows including Gunvor’s shipping activities, will finance physical and derivative...

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Gunvor Group has signed a new syndicated borrowing base facility to support the working capital needs of the company’s growing LNG activities globally. The facility, structured around global LNG trade flows including Gunvor’s shipping activities, will finance physical and derivative positions. As a part of the facility, Gunvor has committed to CO2 carbon emissions reporting to establish transparency for the carbon footprint of the company’s LNG value chain.

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Deal Volume
$ 1.14bn
Financial Close
16 December 2021
Sources
Submitted by participant(s), Press release

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