Swiss trader and shipowner Gunvor Group has sealed financing worth $1.68bn.
The revolving credit facility (RCF) replaces two loans of $1.39bn and $1.67bn inked in 2016 and 2017.
It was originally launched at $1.1bn, but was "very well received by the banks and closed substantially over-subscribed," the company said.
The money will be used to finance general corporate purposes and working capital requirements.
