Brazil: BNDES provides USD 15.28 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (June 2021)
Announcement
30 Jun 2021
In June 2021, 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 76.41 million (approx. USD 15.28 million) loan to an undisclosed agricultural undertaking, granted on...
In June 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 76.41 million (approx. USD 15.28 million) loan to an undisclosed agricultural undertaking. The ...