30 Oct '17, 5pm

International Coffee Merchant Sucafina to Grow with $300 Million Loan

Bloomberg reports that the $300 million loan comes from banks including BNP Paribas SA , ABN Amro Group NV and UBS Group AG . Sources within the report represeting Sucafina suggested the money would be used to continue develop operations in East Africa, where margins tend to be higher in the coffee commodities market, while also expanding trade volumes in Colombia and Brazil.

Full article: https://dailycoffeenews.com/2017/10/30/international-coff...

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