BNDES Extends Loan Maturity Date By Three Years

News: Brazil's national development bank BNDES has extended the maturity date of the BRL518mn (US$235mn) bridge loan it had granted to LLX Açu by three years. The company has signed an agreement to roll forward the principal amount and accrued interest of the loan signed in February 2012. The interest rate of the loan will be paid annually. The funds will be used to finance work, such as hydraulic landfill, dredging and construction of breakwater, along with the construction of the Açu Superport.

BNDES Extends Loan Maturity Date By Three Years

News: Brazil's national development bank BNDES has extended the maturity date of the BRL518mn (US$235mn) bridge loan it had granted to LLX Açu by three years. The company has signed an agreement to roll forward the principal amount and accrued interest of the loan signed in February 2012. The interest rate of the loan will be paid annually. The funds will be used to finance work, such as hydraulic landfill, dredging and construction of breakwater, along with the construction of the Açu Superport.

×

Enter your details to read the full article

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

×

REQUEST A DEMO

By submitting this form you are acknowledging that you have read and understood our Privacy Policy.

Thank you for your interest

A member of the team will be in touch shortly to arrange a convenient time for your free demonstration and trial. If your enquiry is urgent, please email our Client Services team here.