Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 75 million loan to <i>Rumo SA</i> under the <i>BNDES project finance</i> scheme (August 2010)

Announcement

24 Aug 2010

In August 2010, 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

24 Aug 2010

Revocation date:

No revocation date

Updated: 24 Aug 2010
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 132 million (approx. USD 75 million) loan to Rumo SA granted on 24 August 2010 by the National Ba...
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Updated: 24 Aug 2010
State loan In force
On 24 August 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 132 million (approx. USD 75 million) loan to Rumo SA. The loan was issued under the BNDES ...
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