BNDES funds VLI rolling stock

By 2015-12-17T14:38:00

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BRAZIL: Federal development bank BNDES has approved funding of R$587⋅8m for the acquisition of 16 diesel locomotives and 1 916 wagons by freight operator VLI Multimodal. BNDES is to provide R$392⋅9m directly, and Banco Safra R$195m.

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