Is this saying that hey are being bought for $4 a share???

"SAO PAULO (Dow Jones)--Brazil's Development Bank, or BNDES, confirmed Friday it will extend a credit line of $600 million to $700 million to finance the purchase of Embraer (ERJ) aircraft by Argentine airline Aerolineas Argentinas.

According to BNDES President Luciano Coutinho, the credit line extended to the Argentine government, which owns the airline, is guaranteed under a reciprocal credit and payments agreement signed by Latin American countries.

The loan is politically sensitive after Embraer, or Empresa Brasileira de Aeronautica, last month attracted the ire of President Luiz Inacio Lula da Silva and unions by announcing it would lay off 20% of staff amid slumping global demand.

"We are generating demand so that the company can better keep and create jobs," said Coutinho of the loan at an event in Sao Paulo.

Embraer is the world's No. 4 aircraft manufacturer, making its name with its regional jets and, more recently, its executive jet range.'

Also, where the hell is the PS???