BNDES publishes funding conditions for the Itaporanga-Franca road system and updates the conditions for airports and the Florínea-Igarapava system
(World News Brazil)

BNDES publishes funding conditions for the Itaporanga-Franca road system and updates the conditions for airports and the Florínea-Igarapava system 04/25/2017 The Bank will finance up to 50% of the value of the project`s eligible items in TJLP- the Brazilian Long Term Interest Rate, it being possible to increase this participation by up to 80% at market rate, preferably via the issuance of infrastructure bonds. Credit is conditioned to requirements of governance and monitoring by an independent company certifying the adequate progress of the project. The Brazilian National Development Bank (BNDES) on Thursday, 2/14, published the detailed funding conditions for the concession of Lote Rodovia...