Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 23 million loan to <i>Algar Telecom SA</i> under the <i>BNDES debentures simples</i> scheme (October 2012)

Announcement

17 Oct 2012

In October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Algar Telecom SA.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Oct 2012

Revocation date:

No revocation date

Updated: 17 Oct 2012
Debt purchase In force
On 17 October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 47 million (approx. USD 23 million) loan to Algar Telecom SA. The loan was issued under t...
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