September 19, 2013
Port operator LLX Logistica has asked BNDES to renegotiate a BRL518m ($230m
Port operator LLX Logistica has asked BNDES to renegotiate a BRL518m ($230m) loan it agreed to in February 2012, it says. LLX has presented the development bank with all the guarantees necessary for the loan, done through its LLX Acu Operacoes Portuarias unit, and awaits a response. In August, US investor EIG agreed to take control of LLX, investing up to BRL1.3bn, with the deal raising funds to help LLX finish the Acu port project.