Brazil: BNDES supports Embraer with BRL 1.4 billion loan
Announcement
06 Feb 2014
On 6 February 2014, the Brazilian Development Bank (BNDES) announced that it will support Embraer. The loan, which is bound to the BNDES’s local content requirement policy, will finance two projects.
The Brazilian Development Bank (BNDES) announced that it will support Embraer with BRL 1.4 billion (USD 588 million) to develop Legacy 500, its new mid-size jet, and its second generation commercial j...