Jalles Machado announced on Tuesday (2) the contracting of R$ 200 million in credit with BNDES to compensate for the loss of the North American market for its organic sugar. The resources will be released through the Brasil Soberano program, created to assist exporting companies affected by the tariff increase applied by the United States.
The loan will have an interest rate of 3.53% per year and a 12-month grace period. Amortization will be carried out in 48 installments, with the first payment scheduled for January 15, 2027, and the last for December 15, 2030.
This text was translated by machine from Brazilian Portuguese.