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SecuritizationCLOs-CDOs

Cocobod favours five but more lenders circle

The Ghana Cocoa Board (Cocobod) is thought to have selected five banks to lead its annual trade financing facility, but bankers close to the deal expect the mandate group could yet be expanded. Banco Espirito Santo, Crédit Agricole, ICBC, Standard Bank and SMBC are thought to be the initial banks now mandated on the deal.

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