Embraer confirms search for financing options

Embraer confirms search for financing options

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Brazilian aircraft manufacturer Embraer confirmed on Tuesday that it is looking into financing options at home and abroad, following a report in the local press that it could sell $1 billion in new shares to the national development bank BNDES. "Embraer regularly evaluates access to complementary financing sources both in the Brazilian market and the international market," it said in a securities filing. The company added that it is analyzing possible funding from BNDES, although it has not come

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