Brazil's Embraer confirms in talks with BNDES, domestic and foreign banks over financing support

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Embraer is seeking credit lines of between $1 billion and $1.5 billion after a deal with Boeing Co (N:BA) fell through, and has hired Itau BBA, the investment banking unit of Itau Unibanco Holding SA (SA:ITUB4), to help with talks, sources told Reuters.