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Brazil: BNDES provides USD 57 million loan to <i>Braskem SA</i> under the <i>BNDES limite de crédito</i> scheme (June 2015)

Description

On 19 June 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 178 million (approx. USD 57 million) loan to Braskem SA. The loan was issued under the BNDES...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Jun 2015

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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