News: B2W Companhia Digital (BTOW3.SA)

BTOW3.SA on Sao Paolo Stock Exchange

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Mon, Jul 7 2014

STXNEWS LATAM-Brazil's B2W lines up $657 mln loan from state bank BNDES

B2W Companhia Digital SA, Brazil's biggest online retailer, has secured 1.46 billion reais ($657 million) in financing from state development bank BNDES to develop its distribution, logistics and information technology through the end of 2015, according to a release from the bank on Monday. ($1=2.22 Brazilian reals) (Editing by Peter Galloway)

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