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Bunker Holding expands loan frame by 50 percent

Bunker Holding, one of the world’s leading bunker companies, prepares for massive growth. The company and a group of banks have negotiated a 50 percent expansion of its loan frame, up to USD 642 million, the money earmarked for future expansion and growth, says the company.

Bunker Holding, one of the world’s leading bunker companies, has negotiated a three year agreement that includes increased limits for purchasing customer claims, says the company in a press release.

Bunker Holding is part of the United Shipping and Trading Company concern (USTC), controlled by Torben Østergaard Nielsen. Measured on revenue, the concern is one of the biggest companies in Denmark.

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