BNDES faces billions in losses from loans to Odebrecht, Trans-Oils receives $150m from DFIs and banks, and financial leaders launch Trade Club Alliance
In today's daily round-up of export, trade and commodity finance news, TXF's Max Thompson covers the latest stories and trends across the market:
Brazilian state-run development bank BNDES is facing losses of up to BRL14.6 billion reais ($3.5 billion) from loans made to conglomerate Odebrecht, which has been in bankruptcy protection since June
Moldovan agricultural firm Trans-Oil has received a $150 million financing package from three development banks and six commercial lenders
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