“The Chain: Citigroup Cancels Loans to Indofood Agri Resources and Its Subsidiaries” – Chain Reaction Research – April 26, 2018

On April 26, 2018 Chain Reaction Research reported that “Citigroup has canceled its loans to Indofood Agri Resources and its subsidiaries. Citigroup is exiting its overall relationship with Indofood other than specific financial relationships not related to palm oil ingredients. Citigroup will maintain its line of credit to Indofood for short-term trade finance related to non-palm oil commodities. The total size of Citigroup’s financial relationship with Indofood has not been publicly disclosed.”

You may read the analysis on the Chain Reaction Research internet site.