The revolving credit facility, which will be used to refinancea $450m debt, consists of two tranches of one and three years.
Copenhagen-based OW Bunker said the loan was 100%oversubscribed by 13 international banks.
“Liquidity is vital to growth in the bunker industry,” saidOW Bunker CFO Morten Skou.
“This facility further strengthens our financial positionand the additional liquidity it brings provides us with flexibility to continuegrowing the business, including launching additional physical distributionoperations,” he added.
