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Brazil: BNDES approves USD 771 million loan to rail company

Description

On 8 August 2018, the BNDES announced the allocation of BRL 2.89 billion (USD 771 million at the time of the announcement) to Rumo S.A., a local company engaged in the transport and logistics sectors....

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

08 Aug 2018

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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