SAO PAULO Jan 4 Brazilian development bank
BNDES has called guarantees on a 796.4 million reais
($247.6 million) bridge loan to a subsidiary of logistics
operator TPI Triunfo Participações e Investimentos SA
According to a Wednesday securities filing, BNDES had
originally lent 690 million reais to Concebra Concessionaria das
Rodovias Centrais do Brasil SA starting in June 2014 and
expiring on Dec. 15 last year.
Concebra made good on interest payments due on October,
November and December 2016, the filing said.
Banco do Brasil SA and Banco de Desenvolvimento
de Minas Gerais SA offered guarantees of 100 million reais and
60 million reais each, the filing said, with the rest covered by
($1 = 3.2160 reais)
(Reporting by Bruno Federowski; Editing by Bill Rigby)