Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 65 million loan to <i>Rumo SA</i> under the <i>BNDES finem</i> scheme (December 2009)

Announcement

04 Dec 2009

In December 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Rumo SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Dec 2009

Revocation date:

No revocation date

Updated: 04 Dec 2009
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 113 million (approx. USD 65 million) loan to Rumo SA granted on 4 December 2009 by the National Bank for Ec...
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Updated: 04 Dec 2009
State loan In force
On 4 December 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 113 million (approx. USD 65 million) loan to Rumo SA. The loan was issued under the BNDES...
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