Ford has $62 mm in loans with BNDES

BNDES said it has two direct financing contracts with Ford, totalling R$335 million ($62 mm). According to the bank, the services were contracted in 2014 and 2017 and were aimed at projects to develop new products of the automaker in the country. The bank contacted the company to ask for further clarifications about the closure of the plants and is waiting for an answer to assess the impacts.

Source: Folha