Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 275 million loan to <i>Oi Movel SA</i> under the <i>BNDES project finance</i> scheme (December 2009)

Announcement

08 Dec 2009

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Dec 2009

Revocation date:

No revocation date

Updated: 08 Dec 2009
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 479 million (approx. USD 275 million) loan to Oi Movel SA granted on 8 December 200...
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Updated: 08 Dec 2009
State loan In force
On 8 December 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 479 million (approx. USD 275 million) loan to Oi Movel SA. The loan was issued und...
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