BNDES backs Nexa with first mining ESG deal

In:

Metals and Mining

Region:

Americas

BNDES has signed a BRL200 million ($38 million) sustainability-linked loan (SLL) for zinc producer Nexa Resources. The eight-year loan is priced at benchmark TLP long-term interest rate plus 1.84% and has a two-year grace period. BNDES will cut the rate to TLP plus 1.44% if the company meets...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

Perspective

02 September 2024

Too high a price

Africa pays a premium for its debt that in many instances it should not. Why the onerous debt costs? And what can be done about it without major systemic change?

Perspective

06 September 2024

If I had a nickel

ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though...

Must See

TXF export finance H1 data pt 2: New tech drives European deal flow

Perspective

02 September 2024

TXF export finance H1 data pt 2: New tech drives European deal flow

New asset classes are emerging as ECAs get smarter in how they extend to support, from EV gigafactories to mining deals. And developing markets are slowly becoming higher on the financing agenda.

Perspective

02 September 2024

Too high a price

Africa pays a premium for its debt that in many instances it should not. Why the onerous debt costs? And what can be done about it without major systemic change?

Perspective

06 September 2024

If I had a nickel

ECAs, DFIs and banks to Madagascar’s Ambatovy nickel mine project financing are facing a wipe out of $1.66 billion loans under a new shareholder restructuring proposal. Though some of the owed debt could be recovered – if lenders stump up new cash.