Announcement
24 Aug 2011
In August 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Arena Pernambuco Negocios e Investimentos SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Aug 2011
Revocation date:
No revocation date
Updated: 24 Aug 2011
Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 280 million (approx. USD 176 million) loan to Arena Pernambuco Negocios e Investimentos SA granted on 24 Au...
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Updated: 24 Aug 2011
State loan
In force
On 24 August 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 280 million (approx. USD 176 million) loan to Arena Pernambuco Negocios e Investimentos SA...
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