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Aegean Marine signs $1bn financing deal with Mercuria

Bunker operator Aegean has reached a financing agreement with Mercuria as part of the overhauling of operations led by a group of activist investors. The trade finance facility comes a month after Aegean took a $200m write-off on account receivables, owing to suspect transactions found by an internal probe

New York-listed Greek shipping fuel company has reached a financing deal with Mercuria under which the energy trading group will provide a $1bn financing facility to support Aegean’s global credit facilities

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