BNP Paribas, Crédit Agricole Corporate and Investment Bank, Credit Suisse AG, Fortis Bank (Nederland) N.V., ING Bank, Natixis, Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (trading as "Rabobank International") and Société Générale Corporate & Investment Banking (together the "Bookrunning Mandated Lead Arrangers") have been mandated to arrange the Facility.

This Facility will be used for general corporate purposes and to refinance the Company's existing US$600,000,000 364-day revolving credit facility dated 30th June 2009. The Facility will consist of 2 tranches split as follows:

- Tranche A: a 364-day revolving credit facility available to Gunvor International ; and

- Tranche B: a 364-day revolving credit facility available to Gunvor Singapore and guaranteed by Gunvor International.

The Facility carries a margin of 185bp p.a.

The following tickets are on offer:


Status Amount
Mandated Lead Arranger US$50,000,000
Lead Arranger US$35,000,000
Arranger US$25,000,000
Co-Arranger US$10,000,000

The Company will hold bank meetings on Wednesday 12th May 2010 in Singapore and on Tuesday 18th May in Geneva.

About Gunvor

Gunvor International B.V.is registered in Amsterdam with a major trading operation in Geneva. The Group has a number of other offices and entities around the world, with Asian operations being handled out of Singapore. As one of the world's major independent energy trading companies, it is a market leader in the trade, transport, storage and optimization of global oil and petroleum products. Leveraging Gunvor's trading infrastructure and market presence, it is developing a Global Energy Portfolio to become a leading market player in the global energy markets.