World Fuel Services Completes Five-Year Credit Facility

World Fuel Services INT announced today that it has successfully amended and restated its existing credit facility. The amended and restated credit facility allows for borrowings of up to $800 million and is scheduled to mature in September 2015. “We substantially increased the size of our credit facility and extended the maturity to 2015, reflecting our financial strength and the confidence of our lenders in World Fuel Services,” said Ira Birns, Executive VP and CFO. “The amended and restated credit facility provides increased liquidity available to support our continuing strategic growth initiatives.” Bank of America BAC Securities LLC, Wells Fargo WFC Securities LLC and HSBC Bank USA HBC served as joint lead arrangers and joint book managers in connection with the amended and restated credit facility. The facility was heavily oversubscribed and includes banks with an extensive global footprint.