World Fuel Services Corporation Amends Credit Facility

  World Fuel Services Corporation Amends Credit Facility

       -- Increases Total Revolving Credit Facility To $1.1 Billion --

                    -- Extends Maturity To October 2018 --

Business Wire

MIAMI -- October 10, 2013

World Fuel Services Corporation (NYSE: INT), a leading global fuel logistics
company, principally engaged in the marketing, sale and distribution of
aviation, marine and land fuel products and related services, announced today
that it has successfully expanded its existing revolving credit facility. The
amended facility increases the maximum availability under the facility from
$800 million to $1.1 billion and extends the facility maturity date by more
than two years to October 2018. The facility contains an accordion feature
whereby it can be expanded to $1.25 billion under certain conditions. The
Company also extended the maturity of its existing $243 million term loan to
October 2018.

Borrowings under the credit facility and the term loan will continue to bear
interest at a tiered structure based on certain financial covenants, which is
at a current rate of LIBOR plus 2.0% per annum. The amended revolving credit
facility may be used for borrowings for working capital needs and general
corporate purposes as well as the issuance of standby and documentary letters
of credit.

“We are very pleased to complete the amendment to our credit facility, which
was significantly oversubscribed. The amended facility, which includes more
favorable terms, will further enhance our capital structure and liquidity
profile, providing even greater flexibility to execute on our strategic growth
initiatives,” said Ira M. Birns, executive vice president and chief financial
officer of World Fuel Services Corporation.

“We are appreciative of the continued support demonstrated by our existing
global bank group as well as several new lenders. The success of this
transaction reflects our banks’ continued confidence in our dynamic business
model,” said Adrienne B. Urban, vice president and treasurer of World Fuel
Services Corporation.

Bank of America Merrill Lynch, Wells Fargo Securities, LLC and HSBC Bank USA,
National Association served as joint lead arrangers in connection with the
transaction. RBS Citizens, N.A., TD Bank, N.A. and Citibank, N.A. served as
co-documentation agents.

Information Relating to Forward-Looking Statements

This release includes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including statements
regarding our expectations about our capital structure and liquidity profile
and our ability to execute on strategic growth initiatives. These
forward-looking statements are qualified in their entirety by cautionary
statements and risk factor disclosures contained in the company’s Securities
and Exchange Commission (“SEC”) filings, including the company’s Annual Report
on Form 10-K filed with the SEC on February 21, 2013. Actual results may
differ materially from any forward-looking statements due to risks and
uncertainties, including, but not limited to: our ability to effectively
integrate and derive benefits from acquired businesses, our ability to
capitalize on new market opportunities, potential liabilities and the extent
of any insurance coverage, the impact of quarterly fluctuations in results,
the creditworthiness of our customers and counterparties and our ability to
collect accounts receivable, fluctuations in world oil prices or foreign
currency, changes in political, economic, regulatory, or environmental
conditions, adverse conditions in the markets or industries in which we or our
customers and suppliers operate, our failure to effectively hedge certain
financial risks associated with the use of derivatives, non-performance by
counterparties or customers on derivatives contracts, loss of, or reduced
sales, to a significant government customer, uninsured losses, the impact of
natural disasters, adverse results in legal disputes, unanticipated tax
liabilities, our ability to retain and attract senior management and other key
employees and other risks detailed from time to time in the company’s SEC
filings. New risks emerge from time to time and it is not possible for
management to predict all such risk factors or to assess the impact of such
risks on our business. Accordingly, we undertake no obligation to publicly
update or revise any forward-looking statements, whether as a result of new
information, changes in expectations, future events, or otherwise.

About World Fuel Services Corporation

Headquartered in Miami, Florida, World Fuel Services is a leading global fuel
logistics company, principally engaged in the marketing, sale and distribution
of aviation, marine and land fuel products and related services on a worldwide
basis. World Fuel Services sells fuel and delivers services to its clients at
more than 8,000 locations in more than 200 countries and territories

The company's global team of market makers provides deep domain expertise in
all aspects of aviation, marine and land fuel management. Aviation customers
include commercial airlines, cargo carriers, private aircraft and fixed base
operators (FBOs), as well as the United States and foreign governments. World
Fuel Services' marine customers include international container and tanker
fleets, cruise lines and time-charter operators, as well as the United States
and foreign governments. Land customers include petroleum distributors, retail
petroleum operators, and industrial, commercial, and government accounts. The
company also offers transaction management services which consist of card
payment solutions and merchant processing services to customers in the
aviation, marine and land transportation industries. For more information,
call 305-428-8000 or visit


World Fuel Services Corporation
Ira M. Birns, 305-428-8000
Executive Vice President &
Chief Financial Officer
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