Global Trade Alert
Global Trade Alert

Brazil: BNDES to grant Sete Brasil a US$ 3.7 billion loan

Announcement

16 Jan 2014

On 16 January 2014, the Brazilian Development Bank BNDES granted a loan to Sete Brasil Participacoes SA.The financing for these farms entails the condition to source part of the construction inputs from Brazil.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Jan 2014

Revocation date:

No revocation date

Updated: 16 Jan 2014
State loan In force
The Brazilian Development Bank BNDES granted a US$ 3.7 billion (8.8 billion reais) loan to Sete Brasil Participacoes SA. Besides the loan, BNDES’s investment branch, the BNDESPAR, will subscribe to 1....
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Updated: 16 Jan 2014
Local content incentive In force
In the USD 3.7 billion financing for the oil rig producer, the Brazilian Development Bank imposes strict local content requirements on the production of wind turbines, e.g., towers and blades (at leas...
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