Brazil’s loan from Sweden to buy Gripens gets lower interest rate

Brazil’s loan from Sweden to buy Gripens gets lower interest rate

Sweden has agreed to lower the interest rate of the loan to help Brazil buy 36 Gripens from 2.54 percent to 2.19 percent.

By Mike Freer – Touchdown-aviation [GFDL 1.2 or GFDL 1.2], via Wikimedia Commons

With the new agreement with Swedish export credit agency SEK, Brazil is expected to finalize the purchase agreement soon.

Source: Brazil’s loan from Sweden to buy Gripens gets lower interest rate