Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 16 million loan to <i>Companhia Ultragaz SA</i> under the <i>BNDES limite de crédito</i> scheme (July 2011)

Announcement

12 Jul 2011

In July 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Companhia Ultragaz SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Jul 2011

Revocation date:

No revocation date

Updated: 12 Jul 2011
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 25 million (approx. USD 16 million) loan to Companhia Ultragaz SA granted on 12 July 2011 by th...
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Updated: 12 Jul 2011
State loan In force
On 12 July 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 25 million (approx. USD 16 million) loan to Companhia Ultragaz SA. The loan was issued under...
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