Brazil: BNDES provides USD 73 million loan to <i>Minas Arena, Gestao de Instalacoes Esportivas SA</i> under the <i>BNDES project finance</i> scheme (October 2011)

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Description

On 14 October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 124 million (approx. USD 73 million) loan to Minas Arena, Gestao de Instalacoes Esportiva...

Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

14 Oct 2011

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Eligible firms

firm-specific

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