RIOgaleão gets BNDES loan

RIOgaleão gets BNDES loan

Project & Infrastructure Finance Loans Debt Fixed Income Brazil

RIOgaleão has received a BRL1.62bn ($500m) 10-year loan from BNDES, according to a statement from the national development bank. The airport concessionaire will use proceeds to partially pay off a BRL1bn bridge loan. Roughly 49% of the loan will come directly from BNDES, while the rest will be transferred to Banco do Brasil, Bradesco, Caixa Economica Federal and Santander. The airport operator manages the Antônio Carlos Jobim International Airport, also known as Galeão. It has added 1,850 parkin

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