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Brazil: BNDES provides USD 11 million loan to <i>Usina Santo Angelo Ltda</i> under the <i>BNDES finame</i> scheme (May 2022)

Description

On 17 May 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 53 million (approx. USD 11 million) loan to Usina Santo Angelo Ltda. The loan was issued unde...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 May 2022

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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