Global Trade Alert
Global Trade Alert

Brazil: BNDES provides capital to Intelbras for renovating and expanding its production facilities

Announcement

26 Dec 2022

In December 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved the investment of BRL 500 million (USD 96.1 million) to support Intelbras.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Dec 2022

Revocation date:

No revocation date

Updated: 26 Dec 2022
Debt purchase In force

On 26 December 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) subscribed to a BRL 500 million (USD 96.1 million) simple debenture of Intelbras. The stat...

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