August 2, 2013
Companhia Catarinense de Aguas e Saneamento (Casan) has signed a BRL253m ($
Companhia Catarinense de Aguas e Saneamento (Casan) has signed a BRL253m ($111m) loan with the Agence Francaise de Developpement (AFD), it says. It does not disclose the terms for the financing from the French development bank, and officials were not available for comment. The funds will go to a BRL1.5bn capital improvement plan running through 2016, which already counts on financing from Japan’s JBIC and Brazil’s Caixa Economica Federal.