Brazil’s FCA railroad to receive BRL 500 mln credit to boost investments

Brazil’s Centro-Atlântica railway (FCA in Portuguese) announced a BRL 500 million loan with Rabobank Brazil. The funds obtained will be translated into investments in the FCA network, which transports commodities essential to the generation of value in the Brazilian economy – such as agriculture, civil construction, and steel – across seven states to supply domestic and foreign markets.

“Access to competitive credit for investments in the FCA network demonstrates VLI’s good financial management, one of our corporate governance pillars. In addition, our investments ensure efficiency in transporting cargo produced by our customers,” says Fábio Marchiori, CFO, and director of investor relations at VLI.

Rabobank is a bank of Dutch origin specialized in agribusiness and acts to encourage the adoption of practices aligned with the ESG pillars, which fits VLI’s business and management profile.

Other operations

VLI has raised more than R$ 2 billion in infrastructure investment funds in less than a year. In July, the company raised R$ 600 million in debentures for investments in wagon and locomotive maintenance and enhancement and to strengthen its working capital structure.

In December 2021, R$ 1 billion in incentivized debentures were raised, used for infrastructure projects related to the renovation of the permanent rail sections of the east and southeast networks and payment of railroad concession expenses.

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