Global Trade Alert
Global Trade Alert

Brazil: BNDES approves loan to sugar and ethanol manufacturer

Announcement

11 Nov 2019

The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) has approved a loan of BRL 98.7 million to Canápolis Açúcar e Etanol S.A.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Nov 2019

Revocation date:

No revocation date

Updated: 11 Nov 2019
State loan In force

On 11 November 2019, the BNDES has announced the allocation of a BRL 98.7 million loan (over USD 23.8 million at the time of the announcement) to Canápolis Açúcar e Etanol...

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