Brazil: BNDES provides USD 48.68 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (August 2022)
Announcement
31 Aug 2022
In August 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 252.09 million (approx. USD 48.68 million) loan to an undisclosed agricultural undertaking, granted o...
In August 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 252.09 million (approx. USD 48.68 million) loan to an undisclosed agricultural undertaking. T...