Global Trade Alert
Global Trade Alert

Brazil: BNDES and Wilsons Sons sign two loans for fleet modernisation

Announcement

31 Mar 2022

In March 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Wilsons Sons S.A. signed two loans to expand and maintain the operator's tugboat fleet. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Mar 2022

Revocation date:

No revocation date

Updated: 31 Mar 2022
Local content incentive In force

The BNDES Fundo da Marinha Mercante (FMM) credit line is subject to local value-content incentives. As such, so is the BRL 182.8 million (USD 34.8 million) loan to supp...

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Updated: 31 Mar 2022
State loan In force

On 31 March 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) approved two loans in favour of Wilsons Sons S.A. totalling BRL 345 million (USD 73 million) for t...

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