BRASILIA (Reuters) - Brazil's Treasury Secretary Mansueto Almeida on Tuesday denied that planemaker Embraer (SA:EMBR3) is in trouble and faces a difficult future after the recent collapse of the $4.2 billion sale of its commercial jet arm to Boeing (N:B).
Speaking in an online discussion hosted by consultancy Arko Advice, Almeida said he was unaware of reports that Embraer is in talks with development bank BNDES over a $1 billion rescue package. Embraer confirmed on Tuesday it is considering a range of financing options, including with the BNDES.