Ghana Cocoa Board (Cocobod) has signed its $1.2bn one year pre-export finance (PXF) facility.
The firm hired Bank of Tokyo-Mitsubishi UFJ, Crédit Agricole, Ghana International Bank, Nedbank, Rand Merchant Bank and Société Générale to arrange this year's loan. Senior mandated lead arrangers (MLAs) on the deal were Commerzbank, Deutsche Bank, DZ Bank,HSBC, Natixis, Rabobank and SMBC. Citi was an MLA.
ABN Amro, Barclays