Global Trade Alert
Global Trade Alert

Brazil: BNDES to grant Aker Solutions 329.7 million Real loan

Announcement

21 Jan 2014

On 21 January 2014, the Brazilian Development Bank (BNDES) granted the Norwegian company Aker Solutions a loan of 329.7 million real (US$ 150 million) to develop submarine equipment factories in Brazil. The loan, which is bound to the BNDES’s local content requirement policy, will finance two projects.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Jan 2014

Revocation date:

No revocation date

Updated: 21 Jan 2014
State loan In force
The first credit line amounts to 200.4 million real and finances a submarine equipment factory in Săo José dos Pinhais, Paraná. The loan also includes a 1.5 million real social sub-credit which has to...
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