BNDES approves R$1.8 billion bridge loan for the Port of Açu
The Brazilian Development Bank (BNDES) approved a R$ 1.8 billion bridge loan for the project to implement the Port of Açu, controlled by the company Prumo, of the EIG Group. The US group took control of the Port of Açu during the restructuring process of the EBX Group.
BNDES approves financing of R$ 1.4 billion for investments
The Brazilian Development Bank (BNDES) approved financing to the tune of R$ 1.4 billion for investments in technological innovation that Embraer is planning to carry out. The project includes developing a midsize Legacy 500 business jet and the second generation of the E -Jets (commercial jets), besides investments that will benefit the community.
BNDES’ New Operational Policy enters into effect
The Brazilian Development Bank (BNDES) has revised its Operational Policy (OP) aligning it to suit investment trends in the country, the national financial industry’s experience and the need to serve companies more efficiently and provide higher quality services. The new rules (fees, terms of loan and shares) are already available on the BNDES website.