Brazil: BNDES provides USD 12.41 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Investimento Faixa 2</i> scheme (October 2023)
Announcement
31 Oct 2023
In October 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2023/2024.
The PRONAF Investimento Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 62.29 million (approx. USD 12.41 million) loan to an undisclosed agricultural undert...
In October 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 62.29 million (approx. USD 12.41 million) loan to an undisclosed agricultural undertaking. T...