Global Trade Alert
Global Trade Alert

Brazil: BNDES approves USD 771 million loan to rail company

Announcement

08 Aug 2018

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved a loan to Rumo S.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Aug 2018

Revocation date:

No revocation date

Updated: 08 Aug 2018
State loan In force

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 ...

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