News
14 January 2025

Brazil upsizes and extends Bpifrance-backed defence loan

In:
Other
Region:
Americas
By Max Thompson

Brazil has upsized and extended a Bpifrance-backed loan to finance a defence deal under the submarine development programme (PROSUB). Signed on 23 December 2024, the new 8-year deal is an extension of three years to an existing 5-year loan with five new tranches totalling $1.75 billion.BNP Paribas...

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