The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Rabobank, Others Arrange $1.1B Credit Facility for Gunvor USA
Tuesday, November 24, 2020
Lenders/Participants
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Rabobank, N.A. [Administrative Agent, Bookrunner] ING Capital [Joint Bookrunner, Joint Lead Arranger] Natixis, New York Branch [Joint Bookrunner, Joint Lead Arranger] Societe Generale [Joint Bookrunner, Joint Lead Arranger]
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Structure
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Borrowing Base Credit Facility
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Amount
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$1.100
Billion
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Borrower(s)
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Gunvor USA
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Description
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Gunvor USA closed the syndication of its US$1.1 billion borrowing base credit facility. The facility includes a US$500 million accordion feature, which remains available to support future growth. The proceeds of the facility will refinance Gunvor USA’s existing borrowing base facility signed in October 2019, provide continued working capital financing for the Company’s merchant activities, and fund general corporate purposes.
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Industry
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Specialty Industries
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Related Tags |
ING Capital, Natixis, Rabobank, Societe Generale
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ABL Advisor
Deal Tables
2024
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