Daily News: January 9, 2014

ING Bank Leads OW Bunker $700MM Revolver

OW Bunker announced it signed a $700 million revolver. The new facility, which refinances a current $450 million facility, was more than 100 percent oversubscribed by 13 international banks and financial institutions, led by ING Bank.

OW Bunker is part of Wrist Group, a global supplier of bunker fuel and general shipping supplies, which has been owned by private equity company
Altor since July 2007.