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Brazil: BNDES provides USD 12 million loan to <i>Nova Eurus IV Energias Renovaveis SA</i> under the <i>BNDES debentures simples</i> scheme (March 2016)

Description

On 22 March 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 44 million (approx. USD 12 million) loan to Nova Eurus IV Energias Renovaveis SA. The loan ...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Mar 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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