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Gunvor Singapore Closes Asian RCF Oversubscribed At More Than US $1 Billion

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Gunvor Singapore Pte Ltd (the "Borrower"), a wholly-owned subsidiary of Gunvor Group Ltd ("Gunvor" or the "Company"), has closed a US $1,041 million Syndicated Revolving Credit Facilities (the "Facilities"), which will support new activities and existing operations in the Asia Pacific. The Facilities launched at US $750 million, and as a result of strong support closed oversubscribed by almost 40 percent.

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