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...
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 ...