CDB - China Development Bank and CEF - Caixa Econômica Federal negotiate creation of fund to finance new projects
CDB - China Development Bank e CEF - Caixa Econômica Federal negociam criação de fundo para financiar projetos
Intel ID : 225154
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CDB - China Development Bank (SEHK:1062), based in Beijing, and CEF - Caixa Econômica Federal, based in Brasília, will sign a memorandum of understanding, next week, to create an investment fund to finance infrastructure, farming and public safety projects, as published by newspaper Valor Econômico on 13 May 2015. The deal value is approximately USD 50bn, according to Minister of Foreign Affairs and Ministry of Development, Industry and Trade of Brazil, it was not intended only for projects executed by Chinese companies. Details of the agreement will only be defined in subsequent conversations to memorandum signature.
(content in portuguese)
O CDB - China Development Bank (SEHK:1062), como sede em Beijing, e a CEF - Caixa Econômica Federal, com sede em Brasília, vai assinar na próxima semana um memorando de entendimentos sobre a criação de um fundo de investimentos para financiar projetos de infraestruturas, agricultura e de segurança pública, publicou o Valor Econômico em 13 de maio de 2015. O valor do fundo ronda os USD 50bi, segundo o Ministério das Relações Exteriores e com o Ministério do Desenvolvimento, Indústria e Comércio do Brasil, não seria destinado apenas a projetos que sejam executados por empresas chinesas. Os detalhes do acordo só serão definidos em conversas posteriores à assinatura do memorando. |
| Intel ID | 225154 | |
| Value | EUR 14.843,80m | |
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Brazilian Real (BRL)
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25.01.02 Central Banking 25 Financial Services / 25.01 Banking & Investment |
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25.01.03 Commercial, Retail & Mortgage Banking 25 Financial Services / 25.01 Banking & Investment |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.