; Maracaná Stadium to be Renovated with CAF Financing
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Maracaná Stadium to be Renovated with CAF Financing

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RIO DE JANEIRO--(BUSINESS WIRE)--The governor of the State of Rio de Janeiro, Sergio Cabral Filho, and the director representative of CAF -development bank of Latin America- in Brazil, Moira Paz Estenssoro, signed a $121-million loan agreement with CAF for the renovation and upgrade of the Jornalista Mario Filho Stadium, better known as Maracaná, the site of the final match and the closing ceremony of the 2014 World Cup and the main venue for the 2016 Olympic Games. After the signing ceremony, M a style='font-

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