08/01/2014at 11:28

OW Bunker in USD 700 million credit agreement

OW Bunker has signed a USD 700 million refinancing agreement with Danish and international banks. Creditors include Rabobank, ING, Nordea, and Danske Bank, and the funds are earmarked for expansions.

BY TOMAS KRISTIANSEN

One of the world's largest bunker suppliers, OW Bunker, has signed an agreement with a large number of Danish and international banks to refinance an existing credit facility of USD 450 million, thus increasing it to USD 700 million.

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