Global Trade Alert
Global Trade Alert

Brazil: BNDES supports Embraer with BRL 1.4 billion loan

Announcement

06 Feb 2014

On 6 February 2014, the Brazilian Development Bank (BNDES) announced that it will support Embraer. 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

1 in force

Implementation date

06 Feb 2014

Revocation date:

No revocation date

State loan In force

The Brazilian Development Bank (BNDES) announced that it will support Embraer with BRL 1.4 billion (USD 588 million) to develop Legacy 500, its new mid-size jet, and its second generation commercial j...

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