The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 29 million (approx. USD 17 million) loan to Ipiranga Produtos de Petroleo SA granted on 19 Octo...
On 19 October 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 29 million (approx. USD 17 million) loan to Ipiranga Produtos de Petroleo SA. The loan wa...