Skip to content


BNDES Resumes Cosan Credit

BNDES, Brazil’s development lender, announced on Monday it will restart lending to Cosan as the ethanol and sugar producer’s name was removed from a government list of companies that has workers in slave-like conditions.

Walmart Brasil, which suspended sugar purchases from Cosan for the same reason, also resumed buying the sweetener.

Posted in Credit, Trade Finance. Tagged with , , .

0 Responses

Stay in touch with the conversation, subscribe to the RSS feed for comments on this post.

Some HTML is OK

(required)

(required, but never shared)

or, reply to this post via trackback.