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Brazil: BNDES provides USD 14 million loan to <i>Voltalia Sao Miguel do Gostoso Participacoes SA</i> under the <i>BNDES debentures simples</i> scheme (February 2016)

Description

On 26 February 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 54 million (approx. USD 14 million) loan to Voltalia Sao Miguel do Gostoso Participacoes...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Feb 2016

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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