Aegean Marine Petroleum Network Inc. Enters into MOU with Mercuria Energy Group to Complete US$1 Billion Refinancing and Explore a Global Strategic Partnership
AEGEAN MARINE PETROLEUM (ANW)
Last aegean marine petroleum earnings: 11/15 04:15 pm
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aegeanmarine.gcs-web.com/investor-relations
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Aegean Marine Petroleum Network Inc. (NYSE:ANW) ("Aegean" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding (“MOU” or the “Agreement”) with Mercuria Energy Group Limited and its affiliates (“Mercuria”), one of the world’s largest independent commodities and energy groups, to support Aegean’s existing U.S. and global revolving credit facilities and to explore a global strategic partnership. Aegean Chairman and independent director of the Board, Donald Moore, said, “As part of the announced strategic review, the new leadership at Aegean has, in short order, brought forward an opportunity to completely redefine and optimize the Company’s capital structure, enhance near term liquidity and position the Company for a dynamic partnership with one of the world’s largest privately held integrated energy and commodity groups. We are extremel
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