Global Trade Alert
Global Trade Alert

Brazil: FINEP allocates USD 20 million to local retailer

Announcement

28 May 2014

The Brazilian government-funded Company of Innovation and Research (FINEP) approved a loan of circa BRL 45 million to Magazine Luiza S.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 May 2014

Revocation date:

28 Sep 2016

Updated: 28 May 2014
State loan

On 28 May 2014, the Brazilian Company of Innovation and Research (FINEP) announced the approval of a loan of circa BRL 45 million (USD 20 million) allocated to Magazine Luiza S.A., a local ret...

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