Ghana Cocoa Board (Cocobod)

Ghana Cocoa Board (Cocobod) - PXF

Industry
Agri/Soft Commodities/Cocoa
Area of finance
Commodity Trade Finance
Region
Africa
Countries
Ghana

Deal Overview

Ghana Cocoa Board (COCOBOD) has signed a US$1.5billion Pre-export Syndicated Finance agreement with a consortium of local and international financial institutions to finance cocoa purchases for the 2021/2022 Cocoa Season.The facility, which was contracted at a competitive interest rate plus LIBOR of...

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Ghana Cocoa Board (COCOBOD) has signed a US$1.5billion Pre-export Syndicated Finance agreement with a consortium of local and international financial institutions to finance cocoa purchases for the 2021/2022 Cocoa Season.

The facility, which was contracted at a competitive interest rate plus LIBOR of 1.10%, a marked improvement upon last year’s 1.75%, will also be used to finance operational activities within the crop season.

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Deal Volume
$1.5bn
Financial Close
22 September 2021
Sources
Submitted by participant(s), Press release, Press release

All Dealmakers

Mike Marnell

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