Brazil: BNDES provides USD 11.06 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (July 2022)
Announcement
31 Jul 2022
In July 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2022/2023.
The MODERFROTA credit scheme is subject to local content incentives. As such, so is the BRL 57.37 million (approx. USD 11.06 million) loan to an undisclosed agricultural undertaking, granted on...
In July 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 57.37 million (approx. USD 11.06 million) loan to an undisclosed agricultural undertaking. The ...