News
13 August 2018

Rumo secures $760m BNDES loan for rail and port projects

In:
Transport
Region:
Americas

Brazilian development bank BNDES has approved a loan of reais 2.89 billion (US$760.2 million) to Rumo North and Rumo South, subsidiaries of the Cosan Group, for rail and port operations. The funds will be invested in the construction of new freight yards, the acquisition of wagons and locomotives...

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