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Brazil: Mercedes receives loan for expansion

Mercedes-Benz do Brasil has closed on a Real 1.2bn (US$675m) loan with the Brazilian bank Banco Nacional de Desenvolvimento Económico e Social (BNDES), which will be used to expand production capacity at its Sao Bernardo do Campo plant near Sao Paulo. Approval for the loan came through in January. Sao Bernardo It’s time to log … Continued

Mercedes-Benz do Brasil has closed on a Real 1.2bn (US$675m) loan with the Brazilian bank Banco Nacional de Desenvolvimento Económico e Social (BNDES), which will be used to expand production capacity at its Sao Bernardo do Campo plant near Sao Paulo. Approval for the loan came through in January.

Sao Bernardo

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