Agri Brasil $1.5 billion financing for State of Bahia dairy farm

3/4/2016
Financing

$ 1.5 billion

Completed

3/4/2016


Overview:

  • Agri Brasil has taken out $1.5 billion from the Northeast Development Fund to finance a dairy farm in the State of Bahia.
  • The Office of the  Northeast Development (SUDENE), BNDES, and CEF manage the Northeast Development Fund.
  • The farm is expected to produce 1 million liters of milk a day in its first year. 

Rani Mehta - Journalist 

Jurisdiction:

Brazil

Deal type:

Financing

Practice area:

Banking

Industry sectors:

Food and beverage
Agriculture


Firm: