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Brazil: BNDES provides USD 52 million loan to <i>Largo Vanadio de Maracas SA</i> under the <i>BNDES finem</i> scheme (June 2012)

Description

On 22 June 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 109 million (approx. USD 52 million) loan to Largo Vanadio de Maracas SA. The loan was issue...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Jun 2012

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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