BNDES Dishes Out Utility Loans

Jan 4, 2013

BNDES has approved a BRL1.35bn ($661m) loan to Sao Paulo water utility Sabesp, which will be used to continue clean-up efforts on the Tiete River. Sabesp has signed a contract...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management