Brazil: BNDES provides USD 18.16 million loan to an undisclosed agricultural undertaking under the <i>MODERFROTA</i> scheme (August 2023)
Announcement
31 Aug 2023
In August 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 MODERFROTA credit scheme is subject to local content incentives. As such, so is the BRL 89.37 million (approx. USD 18.16 million) loan to an undisclosed agricultural undertaking, granted on...
In August 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 89.37 million (approx. USD 18.16 million) loan to an undisclosed agricultural undertaking. Th...