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Brazil: BNDES suscribes USD 149 million in debentures of Rumo SA

Description

On 17 October 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) subscribed to BRL 750 million (USD 149.7 million) in debentures of Rumo SA. The beneficiary is a Brazili...

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Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Oct 2023

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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