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Monjasa bags vital credit facility from French bank

Bunker company Monjasa has signed a credit facility with French bank Société Générale for USD 80 million. "We see the establishment of this new facility as a seal of approval in the robustness of our business model," says  Monjasa's CFO in a comment on the agreement.

Danish bunker company Monjasa has signed a new USD 80 million credit facility agreement with French bank Société Générale, informs the company in a press release.

"Monjasa has grown considerably over the past years and we have gone from being a regional bunker company to a global diversified trading group. Our financing model is important for this development and decisive for offering our business partners the global services and efficiency they expect. Therefore, we have been very determined to obtain this deal," says Monjasa Group CFO Kenneth Henriks in the press release.

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