Breaking News

Goldman Sachs Reports First-Quarter EPS of $4.02 vs. Estimate of $3.49
Tweet TWEET

Buenos Aires Seeks $216 Million Loan From Brazil, Cronista Says

The city of Buenos Aires is seeking approval from the local legislature to take a loan of about $216 million from Brazil’s development bank BNDES to acquire 120 new subway cars, newspaper El Cronista said.

The city will acquire the rolling stock from Alstom Brasil Energia e Transporte Ltda., the Buenos Aires-based newspaper cited Rogelio Frigerio, the president of the city legislature’s budget commission, as saying.

To contact the reporter on this story: Pablo Gonzalez in Buenos Aires at pgonzalez49@bloomberg.net

To contact the editor responsible for this story: James Attwood at jattwood3@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.