CEB Plans Federal Loan

Companhia Energetica de Brasilia (CEB) is negotiating a BRL877.5m ($477m) loan with BNDES and Caixa Economica Federal. There are no additional details available about the facility which still must be approved. Proceeds will be used to repay debt and for planned investments. CEB is including a plot of land valued at BRL274m as a guarantee.