Friday, 6 November 2026

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COCOBOD asks investors to fund cocoa purchases, but proceeds may also repay old debt

COCOBOD’s first commercial paper offer under its GH¢16.3 billion Cocoa Notes Programme may be used to repay a bridge loan taken out to refinance existing debt, despite being presented to investors as a way to fund cocoa purchases.

COCOBOD asks investors to fund cocoa purchases, but proceeds may also repay old debt

COCOBOD’s first commercial paper offer under its GH¢16.3 billion Cocoa Notes Programme may be used to repay a bridge loan taken out to refinance existing debt, despite being presented to investors as a way to fund cocoa purchases.

Read the full story on MyJoyOnline

Source: MyJoyOnline

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