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Cocobod – pre-export financing
23 March 2009
Return to form for annual softs deal
Read more:
per-export
PXF
Ghana
Cocobod
Denton Wilde Sapte
cocoa
Returning to the market for its sixteenth year it takes something special to make people sit up take notice of the annual pre-export crop financing for state-owned Ghana Cocoa Board (Cocobod).
In 2008 though there were factors that made the deal significantly stand out from previous outings. First was the amount and the size of the syndicate – the $1 billion pre-export financing had a syndicate of 23 international banks to support the 2008-2009 cocoa harvest....
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