Rabobank BR V

repaid

The objective of the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the borrower. Ultimately, the loan proceeds will be applied to expand the activities of the bank connected with its portfolio of local receivables and rural finance for small and medium-size enterprises (SMEs) and individuals. These SMEs and individuals in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of SMEs, which have limited access to financing with terms of more than one year.