Perspective
09 February 2017
Money melt away: Transmar sparks cocoa debt security concerns
In:
Agri/Soft Commodities
Region:
Europe
When agri commodities trader Transmar - a top ten global supplier of cocoa beans - filed for Chapter 11 bankruptcy at the end of 2016 there were fears of an impact on lender appetite for the cocoa market. Despite initial concerns, lenders have not been rattled – at least not on pricing.
