Hours After US Rebuke, Gunvor Secures $2.4 Billion From Banks
A syndicate of international banks agreed to provide commodity trader Gunvor Group with $2.4 billion in credit, with the announcement coming less than a day after the US Treasury called...
By Archie Hunter, Dayana Mustak · Bloomberg Markets
A syndicate of international banks agreed to provide commodity trader Gunvor Group with $2.4 billion in credit, with the announcement coming less than a day after the US Treasury called the company “the Kremlin’s puppet” and blocked its pursuit of Lukoil PJSC’s international assets.