December 15, 2009 (FinancialWire) Aegean Marine Petroleum Network Inc. (NYSE: ANW) said it has signed a new $100 million secured credit facility and letter of credit with BNP Paribas. The facility is a one year uncommitted trade finance facility that the company considers to have competitive pricing.
With this agreement, our company now has a total of $420 million in working capital credit facilities, which it said in a statement come under favorable terms.
Greece-based Aegean Marine Petroleum Network is an international marine fuel logistics company that markets and physically supplies refined marine fuel and lubricants to ships in port and at sea.
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