The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 104 million (approx. USD 44 million) loan to Tim Celular SA granted on 12 December 2008 by the ...
On 12 December 2008, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 104 million (approx. USD 44 million) loan to Tim Celular SA. The loan was issued under t...