The IFC, as a leader, joined by FMO and OPEC Fund closed a 250 million euro syndicated term loan to Sucden Côte d’Ivoire and Sucden SA for cocoa procurement and export in Ivory Coast. The loan will be a 1-year maturity, renewable annually, for up to 4 years in aggregate, and will be split into […]
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The United States International Development Finance Corporation has joined IFC in renewing their 100m syndicated term loan to Sucden. The unsecured loan is divided in two tranches split into (1) 80m EUR by IFC to be repaid in one year (renewable/re-committed annually) and (2) 20M USD to be repaid bullet in 4 years. Proceeds shall […]
Sucden appoints new Head of Cocoa sustainability
Sucden is pleased to announce that Ms. Ilaria Ida Walton will join the Sucden cocoa team on January 13th, 2025, as the Head of Cocoa Sustainability. Sustainability has long been at the heart of Sucden cocoa’s strategy, with a strong involvement in implementing sustainability programs, as well as in setting ambitious action plans to set […]
Sucden SA is pleased to announce the refinancing of its 420M$ sustainability linked revolving credit facility (RCF), increased to 600M$
This transaction was joined by a total of 24 banks and led by Coöperative Rabobank, ING, Société Générale as bookrunners. Together with Crédit Agricole Group and BPCE Group they were the BMLA, with Société Générale acting as Global Lead Sustainability Coordinator and ING and Coöperative Rabobank as Joint Sustainability Coordinators.
Sucden March 2024 Sugar Market Report
Sucden 2023 progress report on the cocoa and forests initiative
Sucden shares progress in its climate-related activities in Côte d'Ivoire and Ghana, aligned with the pillars of the Cocoa and Forests Initiative, and outlines its action plan in partnership with the CFI over the next three years.
Sucden publishes its 2023 responsibility report
Download our 2023 Responsibility report: View 2023 online version Download ‘Rapport de Responsabilité 2023’. For further information, please contact our Corporate Responsibility team:
Sucden October 2023 Sugar Market Report
IFC announced an investment of up to €100m syndicated term loan on a Unsecured Covenant Light basis (1-year maturity, renewable/re-committed annually, for up to 4 years in aggregate) by IFC to SUCDEN Cote d’Ivoire and its parent company SUCDEN S.A to finance the procurement and export of cocoa beans from Cote d’Ivoire. The project is […]
Sucden completes acquisition of a minority stake in moroccan sugar business cosumar
On November 30th, Sucden and a group of Moroccan institutional investors (MCMA, MAMDA, CIMR, RCAR) have purchased Wilmar’s 30.05% stake (of which 10% for Sucden) in Moroccan sugar producer Cosumar.
Sucden secures the extension of its sustainability-linked revolving credit facility
Sucden is pleased to announce that its Sustainability-linked Revolving Credit Facility (RCF), originally launched in 2021, has been extended for another year for its original amount of US$420 million.
Sucden 2022 progress report on the cocoa and forests initiative
Sucden shares progress in its climate-related activities in Côte d'Ivoire and Ghana, aligned with the pillars of the Cocoa and Forests Initiative, and outlines its action plan in partnership with the CFI over the next three years.
Sucden publishes its 2022 responsibility report
Download our 2022 Responsibility report: Download ‘Rapport de Responsabilité 2022′. For further information, please contact our Corporate Responsibility team:
Sucden March 2023 Sugar Market Report
Sucden October 2022 Sugar Market Report
Sucden March 2022 Sugar Market Report
Sucden 2021 progress report on the Cocoa and Forests Initiative
In 2020-2021, Sucden accelerated and expanded its efforts within the Cocoa and Forests Initiative. In its third progress report, Sucden shares its achievements in Côte d’Ivoire and Ghana.