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Brazil: BNDES to grant Sete Brasil a US$ 3.7 billion loan

Description

The Brazilian Development Bank BNDES granted a US$ 3.7 billion (8.8 billion reais) loan to Sete Brasil Participacoes SA. Besides the loan, BNDES’s investment branch, the BNDESPAR, will subscribe to 1....

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Jan 2014

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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