SAO PAULO (Reuters) – Brazilian planemaker Embraer SA <EMBR3.SA> is in talks with national development bank BNDES and some domestic and foreign banks over a support package, with the talks focused on raising working capital for exports, it said in a statement on Thursday.
Embraer is seeking credit lines of between $1 billion and $1.5 billion after a deal with Boeing Co <BA.N> fell through, and has hired Itau BBA, the investment banking unit of Itau Unibanco Holding SA <ITUB4.SA>, to help with talks, sources told Reuters.
(Reporting by Paula Arend Laier; writing by Jamie McGeever; editing by Jason Neely)
