Australia's largest independent fuel operator Puma Energy (Australia) Pty Ltd, has closed an A$ 460 million long term financing for the acquisitions of Ausfuel Gull, Neumann Petroleum and Central Combined Group earlier in 2013.

Puma Energy’s Chief Financial Officer, Denis Chazarain, said: “We are grateful to the financial community and particularly the participating banks that have supported us.”

ANZ, NAB and Westpac were mandated as lead arrangers to underwrite the five year financing package.

“The financing will help strengthen our relationship with the main Australian banks through a range of banking activity that will further foster the development of our business,” said Ray Taylor, Puma Energy Australia’s General Manager.

In Australia Puma Energy now employs over 1,000 members of staff; operates over 270 retail sites; runs a fleet of over 75 road trains and 200 trailers; transports over two billion litres of fuel products each year; owns and operates a terminal in Brisbane with storage capacity of 59,000m³; with another 57,000m³ terminal under construction in Mackay. Puma Energy also has access to two industry terminals in Darwin and Perth.

About Puma Energy

Puma Energy is a global integrated midstream and downstream oil company active in over 35 countries. Formed in 1997 in Central America, Puma Energy has since expanded its activities worldwide, achieving rapid growth, diversification and product line development. The company directly manages over 6,000 employees. Headquartered in Singapore, it has regional hubs in Johannesburg (South Africa), San Juan (Puerto Rico), Brisbane (Australia) and Tallinn (Estonia).

Puma Energy’s core activities in the midstream sector include the supply, storage and transportation of petroleum products. Puma Energy’s activities are underpinned by investment in infrastructure which optimises supply chain systems, capturing value as both asset owner and marketer of product.

Puma Energy’s downstream activities include the distribution, retail sales and wholesale of the full range of refined products, with additional product offerings in the lubricants, bitumen, LPG and marine bunkering sectors. Puma Energy currently has a global network of over 1,500 retail service stations. Puma Energy also provides a robust platform for independent entrepreneurs to develop their businesses, by providing a viable alternative to traditional market supply sources. Total sales are expected to reach over USD 13 billion in 2013. Puma Energy’s strategic shareholders are Trafigura Beheer B.V, one of the world’s largest independent commodity traders, and Sonangol, the national oil company of Angola.