The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 30 million (approx. USD 18 million) loan to Siem Offshore do Brasil SA granted on 17 January 2011 by the Na...
On 17 January 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 30 million (approx. USD 18 million) loan to Siem Offshore do Brasil SA. The loan was issu...