Gunvor Group has secured a US$300mn revolving credit facility for its Middle Eastern operations.

The facility will be used to finance the commodities trader’s working capital needs and to purchase oil and LNG products.

The mandated lead arrangers and bookrunners are ABN Amro, Arab Petroleum Investments Corporation (Apicorp) and Gulf International Bank. Qatar National Bank is an arranger. No further details on the transaction have been made available.