May 282015
By Merel van der Mark, BankTrack, 28 May 2015

A month ago BankTrack released an investor briefing warning prospective investors of the risks of investing in a USD 400 million bond offer by Singapore based Golden Agri-Resources (GAR). Although the bond seems to have sold well, the bond issuing at the end of April was followed swiftly by a number of developments in May which together have seen GAR’s sustainability risk skyrocket:

Continue reading »