Gunvor Group

• 30.09.2021 – 16:02

  Gunvor Returns to Bond Market with US $300 mil. 5-Year Notes

  Geneva (ots/PRNewswire) - Gunvor Group Ltd has today successfully issued US $300 Senior Unsecured RegS Notes (the "Notes"), priced at 6.250 percent, with a 5-year tenor and maturity date of 2026. Net proceeds of the Notes will be used for general corporate purposes. "We are delighted to have successfully returned to the bond market and thank investors for their high level of engagement and confidence in our business ...

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• 14.04.2021 – 11:40

  Energy Trader Gunvor Joins Global Carbon Capture & Storage Institute

  Geneva (ots/PRNewswire) - Gunvor Group, one of the world's leading physical energy commodities traders, has joined the Global Carbon Capture & Storage (CSS) Institute, an international think tank whose mission is to accelerate the deployment of carbon capture and storage, a vital technology to tackle climate change and deliver climate neutrality. Global CCS Institute's diverse international membership includes ...

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• 30.03.2021 – 13:00

  New entity Nyera to target sustainable investments in renewables, carbon capture

  Geneva (ots/PRNewswire) - Gunvor Group, one of the world's largest physical energy commodities traders, has announced commitments in the areas of environment, social, and governance (ESG) targeting a 40% reduction in the company's Scope 1 and 2 emissions by 2025. The commitments come as a part of Gunvor's Sustainability Commitments 2021 document, which outlines how the ...

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• 21.12.2020 – 12:00

  Gunvor Closes Innovative New EUR 300 Mil. Natural Gas Facility

  Geneva (ots/PRNewswire) - Gunvor Group ("Gunvor" or "the Company") has successfully closed a new EUR 300 million financing (the "Facility"), which consists of a syndicated, pan-European natural gas repo facility to cover multiple jurisdictions in Europe with a shared security package. It will be used to support Gunvor's growing natural gas activity across Europe, where the company is already one of the largest physical ...

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• 17.12.2020 – 14:03

  Gunvor Invests In Artemis Technologies To Revolutionize Maritime Transport

  Belfast, Northern Ireland (ots/PRNewswire) - Gunvor Group, one of the world's largest physical energy commodities traders, has made an investment in Artemis Technologies as a part of the company's commitment to developing nonhydrocarbon solutions to maritime transportation. The investment by Gunvor follows the recent award of a £33 million UK Government innovation ...

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• 04.12.2020 – 10:23

  Gunvor Launches New US $540 Million Biodiesel Borrowing Base

  Geneva (ots/PRNewswire) - Banks demonstrate strong support for feedstocks that meet European Green Deal Gunvor Group ("Gunvor", "the Company") has successfully closed a new US $540 million borrowing base facility (the "Facility") to support the Company's biodiesel trading activity. The Facility drew strong support among Gunvor's banking partners, which align with its strategy to promote cleaner products with greener ...

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• 23.11.2020 – 17:42

  Gunvor USA Successfully Closes USD 1.1 Billion Borrowing Base

  Houston (ots/PRNewswire) - Gunvor USA LLC ("Gunvor USA" or "the Company"), a subsidiary of Gunvor Group Ltd ("Gunvor" or "the Group"), has successfully closed the syndication of its USD 1.1 billion borrowing base credit facility ("the Facility"). The Facility includes a USD 500 million accordion feature, which remains available to support future growth. The proceeds of the Facility will refinance Gunvor USA's existing ...

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• 18.11.2020 – 12:13

  Gunvor To Cease Use Of "Agents"

  Geneva (ots/PRNewswire) - As a part of Gunvor's efforts to continuously improve procedures in order to mitigate risk across the company, specifically in relation to areas of Compliance, the company has taken the decision to cease the use of "agents", i.e., consultants and intermediaries, for business origination and development purposes. Gunvor has already reduced the number of such consultants and intermediaries by approximately 45% since 2018, and is now in the process of ...

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• 13.11.2020 – 15:08

  Gunvor Successfully Closes USD 1.225 Billion Revolving Credit Facility

  Geneva (ots/PRNewswire) - Gunvor Group Ltd ("Gunvor" or the "Group") has signed a USD 1.225 billion revolving credit facility ("RCF" or "Facility") in favour of Gunvor International B.V. and Gunvor SA. Initially launched at USD 1 billion, the Facility received strong support from Gunvor's banking partners and showed substantial over-subscription of 22.5%. "The strong, ...

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