Brazil: BNDES provides USD 163 million loan to <i>Minas Arena, Gestao de Instalacoes Esportivas SA</i> under the <i>BNDES project finance</i> scheme (October 2011)
Announcement
14 Oct 2011
In October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Minas Arena, Gestao de Instalacoes Esportivas SA.
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 276 million (approx. USD 163 million) loan to Minas Arena, Gestao de Instalacoes Esportivas SA gr...
On 14 October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 276 million (approx. USD 163 million) loan to Minas Arena, Gestao de Instalacoes Esportiv...