Brazil: BNDES provides USD 13.94 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (August 2020)
Announcement
31 Aug 2020
In August 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2020/2021.
The MODERFROTA credit scheme is subject to local content incentives. As such, so is the BRL 76.25 million (approx. USD 13.94 million) loan to an undisclosed agricultural undertaking, granted on...
In August 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 76.25 million (approx. USD 13.94 million) loan to an undisclosed agricultural undertaking. Th...