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VITOL S.A. increases its Syndicated Revolving Credit Facility to USD 7 billion, following strong demand

ABN AMRO Bank N.V., BNP Paribas, Crédit Agricole Corporate and Investment Bank, Credit Suisse AG, Coöperatieve Centrale Raiffeisen-Boerenleenbank B.A. (trading as Rabobank International), DBS Bank Ltd, London Branch, Deutsche Bank AG, ING Bank N.V., J.P. Morgan Limited, Lloyds Bank plc, Mizuho Bank Ltd, The Royal Bank of Scotland plc, Société Générale Corporate & Investment Banking (the corporate and investment banking division of Société Générale), Standard Chartered Bank  and UniCredit Bank AG acting as Mandated Lead Arrangers and Bookrunners are pleased to announce the successful signing on October 8, 2013 of new USD 841 million 364-day and USD 6.159 billion 3-year revolving credit facilities (the “Facilities”) for Vitol S.A. and co-borrower Vitol Finance B.V. (“Vitol” or the “Company”).

These new Facilities will be used for general corporate purposes and to refinance the Company’s maturing USD 5.220 billion 3-year revolving credit facility signed in October 2011 and USD 782,000,000 364-day revolving credit facility signed in October 2012.

The new Facilities were launched at USD 5 billion on 2nd September and a bank meeting was held in London on 12th September.

Jeff Dellapina, CFO, said; “We very much appreciate the continued support of all our banking partners.”

The following banks joined the Mandated Lead Arrangers and Bookrunners in general syndication:

Mandated Lead Arranger
Citibank, N.A., London
Commerzbank
HSBC France and HSBC Trinkaus & Burkhardt AG
KFW IPEX-Bank GmbH
Natixis
Sumitomo Mitsui Banking Corporation

Lead Arranger  
Australia and New Zealand Banking Group Limited
Bank of America Merrill Lynch
HSH Nordbank AG
Raiffeisen Bank International AG and Raiffeisenlandesbank Nierderosterreich-Wien AG
UBS AG

Arranger
Bank of China Limited, London Branch
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
DZ Bank AG Deutsche Zentral-Genossenschaftsbank
Landesbank Baden-Wuerttemberg
Firstrand Bank Limited (Acting through its Rand Merchant Bank division)

Co-Arranger
Scotiabank Europe plc
Emirates NBD PJSC London Branch
Israel Discount Bank Ltd
Oversea-Chinese Banking Corporation Limited
TD Bank Europe Limited

Lead Manager
National Bank of Kuwait (International) Plc
Europe Arab Bank plc
GE Artesia Bank
ABC International Bank plc
Arab Bank (Switzerland) Ltd
Bank of Taiwan London Branch
Commonwealth Bank Australia
Fifth Third Bank
Gulf International Bank B.S.C.
Intesa Sanpaolo S.p.A.KBC Bank N.V.
National Australia Bank Ltd
The Standard Bank of South Africa Limited
State Bank of India
Wells Fargo Bank N.A., London Branch
Zenith Bank (UK) Limited
Banque Cantonale de Geneve (BCGE)
Banque de Commerce et de Placements

About Vitol:
The Vitol Group was founded in 1966 in Rotterdam, the Netherlands. Since then the company has grown significantly to become a major participant in world commodity markets and is now the world’s largest independent energy trader. Its trading portfolio includes crude oil, oil products, LPG, LNG, natural gas, coal, electricity, agricultural products, metals and carbon emissions. Vitol trades with all the major national oil companies, the integrated oil majors and the independent refiners and traders. Globally Vitol trades over 5 million barrels of crude oil and oil products per day and revenues in 2012 were $303 billion.

Further details on Vitol are available on www.vitol.com
Press Contacts:

Vitol
Andrea Schlaepfer: Tel +44 20 7973 4230
Société Générale Corporate & Investment Banking
Communication
Murray Parker: Tel. +44 207 676 6771

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