Brazil: BNDES provides USD 25 million loan to <i>Usinas Siderurgicas de Minas Gerais SA Usiminas</i> under the <i>BNDES limite de crédito</i> scheme (March 2011)
Announcement
29 Mar 2011
In March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usinas Siderurgicas de Minas Gerais SA Usiminas.
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 42 million (approx. USD 25 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas gra...
On 29 March 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 42 million (approx. USD 25 million) loan to Usinas Siderurgicas de Minas Gerais SA Usiminas...