The Downfall of Transmar Cocoa
As a large cocoa bean trader, Transmar group ltd. bought millions of dollars’ worth of beans relying on financing from a syndicate of banks. To monitor amounts of eligible collateral, the banks required Transmar prepare periodic borrowing base (BB) reports. At some point, Transmar developed a discre...
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| Format: | Article |
| Language: | English |
| Published: |
Wageningen Academic Publishers
2021
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |