Global Trade Alert
Global Trade Alert

Brazil: BNDES provides loan to Wilson Sons Offshore SA to finance its repair, modernisation and conversion investments

Announcement

29 Dec 2022

In December 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan of BRL 182.8 million (USD 34.8 million) to support Wilson, Sons Offshore SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Dec 2022

Revocation date:

No revocation date

Announced: 29 Dec 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 support Wilson, Sons Offshore SA, gr...
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Announced: 29 Dec 2022
State loan In force
On 29 December 2022, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) provided a BRL 182.8 million (USD 34.8 million) loan to support Wilson, Sons Offshore SA. The...
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