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NEW YORK (Reuters) -Mercon Coffee Group, one of the world's largest coffee traders, has filed for bankruptcy protection in the U.S. due to what it defined as "exceptionally challenging operating ...
Mercon Coffee Corp., the bankrupt global coffee trader, must try to negotiate a cheaper way to fund its restructuring case after a US judge rejected a proposed loan from Coöperatieve Rabobank.
The biggest chunk of Mercon’s liabilities is $202.5 million under a Rabobank-secured credit facility. Mercon said in its bankruptcy petition that its biggest unsecured creditors include a Nicaraguan ...
NEW YORK--(BUSINESS WIRE)--Rabobank and Mercon announced that the company has closed on a $450 million sustainability-linked senior secured revolving credit facility led by Rabobank.It is the ...