Eve Holding subsidiary secures R$200M (~$35M) BNDES loan for eVTOL phase 2

Eve Holding, Inc.

Eve Brazil entered loan agreement with BNDES for R$200M (~US$35M) from the Climate Fund (FNMC).
Funds support second phase of electric vertical take-off and landing (eVTOL) vehicle development.
Interest rate 7.53% p.a.; principal due December 15, 2040; credit must be used within 30 months.
Loan requires bank guarantees and compliance with environmental and project milestones.
Early termination possible upon uncured default of 90 days; additional conditions for credit release.

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