This project in support of the Tereos Group is in many ways one of the most important in our Brazilian portfolio. First of all because it provides support to a key sector in the Brazilian agro-industry, and this type of approach has historically been central to PROPARCO’s strategy. This project is also essential to us because of what it covers and because of its positive impacts, in particular with respect to climate. And finally, the project is also important in terms of the size of the financing granted by PROPARCO, since it is a 50 million dollars loan, and our third largest operation in Brazil to date.
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