Evolving Role of BNDES and Infrastructure Debentures (Pluses/Minuses of Structural Features of BNDES Cofinancings) - Fitch Research

Evolving Role of BNDES and Infrastructure Debentures (Pluses/Minuses of Structural Features of BNDES Cofinancings)

Evolving Role of BNDES and Infrastructure Debentures (Pluses/Minuses of Structural Features of BNDES Cofinancings) - Fitch Research
Evolving Role of BNDES and Infrastructure Debentures (Pluses/Minuses of Structural Features of BNDES Cofinancings)
Published Jul 31, 2014
13 pages (6451 words) — Published Jul 31, 2014
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Brief Excerpt:

...Banco Nacional de Desenvolvimento Economico e Social (BNDES) has played an instrumental role in the development of the Brazilian market for infrastructure. The growing disbursements made are a reflection of its role as agent of the federal government's Growth Acceleration Program (PAC). BNDES also recognizes its role as a catalyst to capital markets development of infrastructure debentures. As such, it has made changes to the traditional loan structure, providing further incentives to pursue complementary issues in the capital markets. Nonetheless, certain structural features need adaptation to reflect a capital markets mindset....

  
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MLA:
Fitch Research. "Evolving Role of BNDES and Infrastructure Debentures (Pluses/Minuses of Structural Features of BNDES Cofinancings)" Jul 31, 2014. Alacra Store. May 14, 2025. <http://www.alacrastore.com/fitch-credit-research/Evolving-Role-of-BNDES-and-Infrastructure-Debentures-Pluses-Minuses-of-Structural-Features-of-BNDES-Cofinancings-749369_report_frame>
  
APA:
Fitch Research. (). Evolving Role of BNDES and Infrastructure Debentures (Pluses/Minuses of Structural Features of BNDES Cofinancings) Jul 31, 2014. New York, NY: Alacra Store. Retrieved May 14, 2025 from <http://www.alacrastore.com/fitch-credit-research/Evolving-Role-of-BNDES-and-Infrastructure-Debentures-Pluses-Minuses-of-Structural-Features-of-BNDES-Cofinancings-749369_report_frame>
  
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