PAC´s debt renegotiation finished

With the signature on Friday June 30th, of the debt’s renegotiation contract with the BFP that represents 5% of the portfolio affected by the “No Payment” movement, as the final phase of the negotiation process that in the first stage allowed the cancellation of 95% of said portfolio; PAC has taken a momentous step to start a new stage in its institutional evolution, which will be oriented to the formation of the Rural Development Corporation.

The consolidation of an inclusive and efficient corporate business model is the strategic objective after which PAC will be making proposals to financial and commercial partners and to producers organized in GADE.

“There are huge challenges but great will and cohesion to turn them into successful actions,” the Executive Director shared to the business network and development team.