Brazil: BNDES granted Fiat USD 1.1 billion for Jeep Renegade facility
Announcement
28 Apr 2015
On 28 April 2015, the Brazilian Development Bank announced a loan to MMH Indústria e Comércio de Componentes Automotivos Ltda, a Fiat subsidiary. The loan, which is bound to the BNDES’s local content requirement policy, will finance two projects.
The Brazilian Development Bank announced a loan of 185.8 million real (USD 63.1 million) to MMH Indústria e Comércio de Componentes Automotivos Ltda, a Fiat subsidiary.
The credit is going to fina...