News
22 April 2024

BNDES backs Nexa with first mining ESG deal

In:
Metals and Mining
Region:
Americas

BNDES has signed a BRL200 million ($38 million) sustainability-linked loan (SLL) for zinc producer Nexa Resources. The eight-year loan is priced at benchmark TLP long-term interest rate plus 1.84% and has a two-year grace period. BNDES will cut the rate to TLP plus 1.44% if the company meets...

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