Duratex signs a $122 mm credit line with BNDES

Duratex has entered into a R$ 697 million ($122 mm) credit line with the National Bank for Economic and Social Development (BNDES) within the scope of BNDES Finame Direct. Under the agreement, the company has up to two years to use the funds. According to a statement to the market released by the company, the credit will be used to acquire machines, equipment and industrialized materials manufactured in Brazil, as well as raw materials.

Source: 6 Minutos