-+ 0.00%
-+ 0.00%
-+ 0.00%
Frasle Mobility lines up BRL 100 million BNDES loan facility for working capital
Share
Listen to the news
Frasle Mobility lines up BRL 100 million BNDES loan facility for working capital
  • Frasle Mobility’s board authorized new financing under the BNDES Brasil Soberano Competitividade Automático program at its July 20 meeting.
  • It cleared BRL 100 million in indirect on-lending credit with a five-year tenor, one-year grace period, pre-fixed cost up to 14%.
  • The facility will be split into two BRL 50 million sub-loans, one in Giro Exportação, one in Giro.
  • It also authorized SWAP derivatives to convert the pre-fixed rate to floating, targeting CDI minus up to 1.5% or CDI minus 0.5%.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frasle Mobility SA published the original content used to generate this news brief on July 21, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending