Brazil: BNDES provides USD 15 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES limite de crédito</i> scheme (November 2008)
Announcement
04 Nov 2008
In November 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usinas Siderurgicas de Minas Gerais SA Usiminas.
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 34 million (approx. USD 15 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas gra...
On 4 November 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 34 million (approx. USD 15 million) loan to Usinas Siderurgicas de Minas Gerais SA Usimin...