# Tag: Brazil development bank road financing

- [BNDES Approves R$9.2 Billion for Paraná Highways](https://brazilstockguide.com/insights/bndes-approves-r9-2-billion-parana-highways-epr-iguacu/) (2026-02-09): Brazil’s development bank backs EPR Iguaçu road upgrades with the country’s largest 2025 incentive debenture issuance, covering 662 km in Paraná.