Eve Holding secures R$490M (~$95.25M) BNDES loan for eVTOL development

Eve Holding, Inc.

Loan from BNDES: R$80M (Sub-credit A) at 4.55% p.a. from FNMC; R$410M (Sub-credit B) at 1.10% + variable fixed rate, USD-linked via PTAX.
Proceeds support first-phase development of electric vertical take-off and landing (eVTOL) aircraft.
Credit available for 36 months; final repayment due by February 15, 2035.
Disbursement subject to BNDES rules, FNMC budget, new law for Sub-credit A, financial guarantee, environmental approval, and no material adverse change.
One-time fee of R$2.05M (~$400k) payable to BNDES regardless of drawdown.

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