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Global Trade Alert

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Brazil: BNDES provides capital to Intelbras for renovating and expanding its production facilities

Description

On 26 December 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) subscribed to a BRL 500 million (USD 96.1 million) simple debenture of Intelbras. The stated ...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Dec 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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