Global Trade Alert
Global Trade Alert

Brazil: BNDES provides capital injection and loan to Rumo SA for it railway logistics upgrade

Announcement

02 Jan 2023

In January 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) provided a BRL 434 million (USD 81.3 million) capital injection and a BRL 252 million (USD 47.2 million) loan to Rumo SA. 

 

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Jan 2023

Revocation date:

No revocation date

Updated: 02 Jan 2023
Local content incentive In force

The BNDES FINEM credit line is subject to local value-content incentives. As such, so is the BRL 252 million (USD 47.2 million) loan to Rumo SA, granted on 2 January 2023 by the...

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Updated: 02 Jan 2023
State loan In force

On 2 January 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) provided a BRL 252 million (USD 47.2 million) loan to Rumo SA. The beneficiary is ...

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Updated: 02 Jan 2023
Debt purchase In force

On 2 January 2023, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) subscribed to bonds or debentures issued by Rumo SA for a total of BRL 434 million (USD 81.3...

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