Vitol borrows $700m for Petrol Ofisi acquisition
GLOBALCAPITAL INTERNATIONAL LIMITED, a company
incorporated in England and Wales (company number 15236213),
having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Vitol borrows $700m for Petrol Ofisi acquisition

Bianca Boorer
June 15, 2017 04:00 PM
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VIP Turkey Enerji, a subsidiary of oil and commodity company Vitol, has signed a $700m syndicated loan with 14 banks to finance the acquisition of Petrol Ofisi, Turkey’s largest oil distribution company.

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