Cocobod’s syndicated loan oversubscribed

Cocobod’s syndicated loan been oversubscribed by about 15percent. The cocoa industry regulator, COCOBOD indicates it requested for 1.6billion dollars, but received offers of up to about 1.84billion dollars. COCOBOD however accepted 1.7billion dollars from the partner banks to purchase cocoa beans for the 2014/2015 cocoa season. Finance Minister Seth Tekper early on in the year ...