Commodity traders are bidding adieu to the good old days. The industry is racing to diversify its sources of funding and shed non-core assets. It’s like Goldman Sachs’s decision to go public in 1999 – a change in the business model.
Louis Dreyfus is typical. The family-owned French commodity dealer tapped the public debt markets for the first time in its 160-year history last month, raising $350…
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