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Bominflot Bunkergesellschaft für Mineralöle mbH & Co. KG and its subsidiaries have secured a 2 ½ year EUR 205 million senior multicurrency revolving credit facility, including letters of credit and guarantees related to its trading business.

The transaction was led by Deutsche Bank AG, HSH Nordbank AG, ABN AMRO Bank N.V. and ING Bank N.V. as mandated lead arrangers, and was successfully closed on June 1st, 2011. In total, nine banks signed into the transaction.

Bominflot is one of the world's largest independent players in the bunker market and is 100 percent owned by private German shareholders.

With its headquarters in Hamburg, Bominflot has an extensive network of 34 subsidiaries and branch offices in key bunkering areas around the world.

As a physical supplier, Bominflot operates several owned and rented storage units as well as barges in main bunker ports. Commenting on the structure of its business, Bominflot said: "Access to infrastructure as well as the recently restructured international trading unit are the key factors for Bominflot to be one of the most diversified and largest independent suppliers of marine fuels."

"The new financial structure supports the strategy of continuous growth of the Bominflot Group," the German firm added.