Brazil: BNDES provides USD 10.11 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (October 2020)
Announcement
31 Oct 2020
In October 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 58.35 million (approx. USD 10.11 million) loan to an undisclosed agricultural undertaking, granted on...
In October 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 58.35 million (approx. USD 10.11 million) loan to an undisclosed agricultural undertaking. T...