Brazil: BNDES provides USD 12.27 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (August 2021)
Announcement
31 Aug 2021
In August 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2021/2022.
The MODERFROTA credit scheme is subject to local content incentives. As such, so is the BRL 63.09 million (approx. USD 12.27 million) loan to an undisclosed agricultural undertaking, granted on...
In August 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 63.09 million (approx. USD 12.27 million) loan to an undisclosed agricultural undertaking. Th...