Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 148 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES finem</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.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Nov 2008

Revocation date:

No revocation date

Updated: 04 Nov 2008
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 345 million (approx. USD 148 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas...
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Updated: 04 Nov 2008
State loan In force
On 4 November 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 345 million (approx. USD 148 million) loan to Usinas Siderurgicas de Minas Gerais SA U...
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