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home / news releases / EVEX - Eve announces BNDES approval of $92.5M line of credit for eVTOL program

EVEX - Eve announces BNDES approval of $92.5M line of credit for eVTOL program

Eve Holding Inc.
  • Eve Air Mobility ( NYSE: EVEX ) announced the approval by the executive board of Brazil's National Development Bank to support Eve's eVTOL development efforts with two distinct credit lines, totaling $92.5M.
  • Both credit lines are expected to offer beneficial terms and conditions to Eve with a 12-year maturity and amortization grace period.
  • The first credit line is expected to be granted by the Climate Fund.
  • The second line of credit is expected to be granted by the Innovation Finance.

For further details see:

Eve announces BNDES approval of $92.5M line of credit for eVTOL program
Stock Information
Company Name: Eve Holding Inc.
Stock Symbol: EVEX
Market: NYSE
Website: eveairmobility.com
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