Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 176 million loan to <i>Tim Celular SA</i> under the <i>BNDES limite de crédito</i> scheme (June 2010)

Announcement

29 Jun 2010

In June 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Tim Celular SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Jun 2010

Revocation date:

No revocation date

Updated: 29 Jun 2010
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 319 million (approx. USD 176 million) loan to Tim Celular SA granted on 29 June 2010 by the Nat...
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Updated: 29 Jun 2010
State loan In force
On 29 June 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 319 million (approx. USD 176 million) loan to Tim Celular SA. The loan was issued under the ...
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