German development bank lends $142m to its Brazilian counterpart for renewable energy initiatives
Tag: BNDES
Posted inDaily Brief
Development banks mine solutions for Brazil infra
Basel III limits commercial banks’ long-term lending capacity, pushing the IIC and OPIC to navigate new structures
Posted inDaily Brief
Power generators welcome BNDES’ move from TJLP
Brazil counts on more debenture issues once its national development bank shifts from its discounted interest rate
Posted inMagazine
Project bonds try to find footing
A few bond issues have been used to finance greenfield infrastructure projects in Latin America, but institutional investors are still wary of construction risk
Posted inMagazine
LatAm infra markets struggle to shake off corruption
Project finance in Latin America is having another tough year as the effects of the Odebrecht bribery scandal rattle the region. Now political uncertainty in major economies may limit deal flow even further
Posted inMagazine
BNDES sets a new benchmark
Brazil’s national development bank will move from a subsidized long-term lending rate to a new rate based on the government’s borrowing costs, but will short-term pain translate into long-term gain?
Posted inDaily Brief
BNDES returns billions to government
Brazil’s national development bank will give back $16bn this year, finmin says
Posted inDaily Brief
Brazil mulls Eletrobras privatization
Federal government could net near $4bn for its controlling stake in the power company, sources say
Posted inDaily Brief
BNDES sugar, ethanol funding hits new low
Brazilian development bank provides just $58m worth of funding in the first half of the year, the lowest since 2005
Posted inDaily Brief
CAB Ambiental inks restructuring, starts rebrand
Brazilian water company completes a $82m transaction under its new name Igua Saneamento