Brazil: BNDES provides USD 43 million loan to <i>Companhia de Eletricidade do Estado da Bahia Coelba</i> under the <i>BNDES limite de crédito</i> scheme (March 2011)
Announcement
25 Mar 2011
In March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Companhia de Eletricidade do Estado da Bahia Coelba.
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 70 million (approx. USD 43 million) loan to Companhia de Eletricidade do Estado da Bahia Coelba...
On 25 March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 70 million (approx. USD 43 million) loan to Companhia de Eletricidade do Estado da Bahia Co...